THE TTALK QUOTES 

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No. 5 of  2016

WEDNESDAY, JANUARY 13, 2016

Filed from Portland, Oregon

Click here for yesterday's quote from the U.S. Fashion Industry Association.

TPP:  A CHALLENGE TO CONGRESS

"You want to show our strength in this new century?  Approve this agreement.  Give us the tools to enforce it.  It's the right thing to do."

Barack Obama
January 12, 2016
CONTEXT
As anticipated, President Obama urged Congress to approve the newly minted Trans-Pacific Partnership Agreement in last night's State of the Union address.  Rhetorically, his request was clear and easy to follow.  It is a little difficult to excerpt, however, because TPP was one of several issues he mentioned in setting forth how national challenges should be addressed, and have been in his administration.  The following two paragraphs from the speech, respectively, make the general case and the case for TPP:

"Fortunately, there is a smarter approach, a patient disciplined strategy that uses every element of our national power.  It says America will always act, alone if necessary to protect our people and our allies; but on issues of global concern, we will mobilize the world to work with us, and make sure other countries pull their own weight ...
...

"That's how we forged a Trans-Pacific Partnership to open markets, and protect workers and the environment, and advance American leadership in Asia.  It cuts 18,000 taxes on products made in America, which will then support more good jobs here in America.  With TPP, China does not set the rules in the region; we do.  You want to show our strength in this new century?  Approve this agreement.  Give us the tools to enforce it.  It's the right thing to do." 

COMMENT
Will Congress approve the Trans-Pacific Partnership Agreement this year?  That is an open question.  While the debate over TPP may seem to have been going on for years, in an important sense it is only just getting started.  A lot will depend upon how that discussion evolves over the next few months.  In his speech today at the Woodrow Wilson International Center for Scholars, the U.S. Trade Representative, Ambassador Michael Froman, said, "Day after day, the American people are stepping up and speaking out in favor of leading on trade," in short in favor of TPP.  He may be right about that, and over the next several months that could create a very different climate and a more positive outlook for TPP in Congress.
 
At the moment, however, the outlook is not good.  The current situation in the Senate was summed up succinctly by Senator John Thune (R-SD) in his interview with Bret Baier of Fox News, immediately following the State of the Union.  Here is a portion of it:

BRETT BAIR:  It was interesting to see that only his cabinet stood up and applauded that [TPP].  Is TPP dead for this congress in this election year?

SENATOR THUNE: I think it's on life support.  Frankly there are a lot of good things.  There are many of us who want to see TPP get done.  It's good for agricultural markets, certainly the area of the country that I represent.  And there are a lot of members in our party, at least, who want to see this get done but have concerns about the agreement that was negotiated and would like to see changes made to it.   So, if I was handicapping it, I'd say it's less than 50-50 [that] it gets done this year.  But, I hope it gets done eventually.  It's something that we need to do. 

We can't help but think that the odds for Congressional approval of TPP might have been improved, at least a little, if the President had offered a small olive branch to, offered to cooperate with, those in Congress who would clearly prefer to vote for TPP but have strong reservations about particular elements of the agreement.
 
After all, the announcement that a trade deal has been done has never really been - and probably never will be - the end of the negotiations.  And the final phase, namely the negotiations between Congress and the Administration over implementing legislation, is always tough. 
SOURCES & LINKS
From the State of the Union Address 2016 is a link to the page of the White House website with last night's speech by President Obama, the source for today's quote.

Ambassador Froman at the Wilson Center is the text of the USTR's speech today mentioned above.

Senator Thune Reacts is a link to Senator Thune's website, where the top video is Bret Baier's interview with the Senator immediately following last night's State of the Union address.

Brady at Politico takes you to the Morning Money report with the quote from Ways and Means Chairman Brady to the effect that passing TPP will be tough but is doable.  
Senator Hatch Reacts takes you to the text of the statement issued by Senator Orrin Hatch, the chairman of the Senate Finance Committee, in response to the President's State of the Union address.

 

 

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