12:00–1:45pm. Looking for a legacy in addition to his victory on health care, President Barack Obama has embarked on a perilous undertaking to win congressional approval for freer trade. Many lawmakers in his Democratic Party fiercely oppose the Trans Pacific Partnership (TPP), the trade deal nearing completion among 12 Asia Pacific nations. Obama is relying on the Republicans who now control both houses of congress to take the lead and win approval for both Trade Promotion Authority (TPA) and later this year TPP. The outcome of the debate is in doubt but Barry Wood, RTHK's economics correspondent in Washington, believes the odds favor approval.
The fight is bound to be contentious with opponents labeling TPP a job killer akin to NAFTA, the 20-year-old North American Free Trade Agreement, they say hollowed out much of America's industrial core. First 15-20 minutes is for networking Sandwiches and beverages included Hosted by the Trade & Investment Committee
The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road Central, Hong Kong