Obama Jabs at China as he Defends TPP Trade Deal

Once approved by all the signatories, the TPP could be the largest regional trade pact ever.

“Without this agreement, competitors that don’t share our values, like China, will write the rules of the global economy,” Obama said.

“They’ll keep selling into our markets and try to lure companies over there, meanwhile they’re going to keep their markets closed to us,” the president added.

Spanning about two-fifths of the global economy, the TPP aims to set the rules for 21st century trade and marks one of Obama’s key diplomatic and economic achievements.

via Obama Jabs at China as he Defends TPP Trade Deal.

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