Obama's Pacific trade pact revived in U.S. House, heads to Senate

Speaker of the House John Boehner walks to the House Chamber where members of congress were voting on a package of trade bills in the U.S. Capitol in WashingtonBy Krista Hughes and Richard Cowan WASHINGTON (Reuters) – The U.S. House of Representatives on Thursday reversed course, approving “fast-track” legislation central to President Barack Obama’s trade deal with Pacific Rim nations and sending it back to the Senate. The close vote in the House, which last week rejected a related bill, kept alive Obama’s goal of bolstering U.S. ties with Asia through a 12-nation Trans-Pacific Partnership (TPP), the economic element of a foreign policy shift aimed in part at countering the rising influence of China. The House voted 218 to 208 to give Obama the fast-track authority to speed trade deals, including the TPP, to conclusion with reduced interference from Congress.

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