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White House warns Congress to not delay Pacific trade deal

Malaysian activists hold placards denouncing the US-led Trans-Pacific Partnership Agreement (TPPA) during a protest in Kuala LumpurThe White House warned Congress Wednesday that delaying ratifying a vast trans-Pacific trade deal will cost the US economy. Ahead of the formal signing of the Trans Pacific Partnership (TPP), US Trade Representative Michael Froman expressed confidence that Congress would endorse the deal in coming months, despite the US presidential campaign that has made trade issues a frequent hot potato. The deal between 12 Pacific Rim countries is scheduled to be signed Thursday at 11:30 am in Auckland, New Zealand, (2230 GMT Wednesday).

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