TPP too big to fail, says visiting US trade deal specialist Petri

Thu, 02 Jul 2015

By Fiona Rotherham July 2 (BusinessDesk) - Too much political capital has been invested in the Trans-Pacific Partnership trade deal for it to fail at the final hurdle, says Peter Petri, a professor of international finance at Brandeis University and co-author of a study on the economic benefits of the TPP. Negotiations are about to accelerate this month after US legislators granted US president Barack Obama’s administration fast-track approval, which means he can take a trade deal to Congress for a so-called “up or down” vote which can on...

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