Top Democrat Senator Attacks Obama Pacific Trade Pact

Top Democrat senator attacks Obama Pacific trade pact

WASHINGTON, (APP - UrduPoint / Pakistan Point News -7th Sept,2016) : Elizabeth Warren, a Democratic senator and standard-bearer on the US left, opened a new broadside on Wednesday against the White House's signature Pacific trade pact, calling it a dangerous corporate power grab.

Warren's salvo came as President Barrack Obama trumpeted the 12-member Trans-Pacific Partnership during a trip to Asia, where he has reiterated plans to push US lawmakers to ratify the agreement in the dying days of his administration.

The treaty's 12 parties signed the agreement in February but it awaits approval by potentially reticent lawmakers in member states. The prospects for a US ratification before January, which could leave Obama a parting legacy by establishing the world's largest free-trade region, appeared to grow dimmer on Wednesday as Warren unveiled a letter to US lawmakers from 220 economists and law professors calling on Congress to reject it.