Better East Texas: Trans-Pacific-Partnership - KLTV.com - Tyler, Longview, Jacksonville |ETX News

Better East Texas: Trans-Pacific-Partnership

EAST TEXAS (KLTV) -

Perhaps you have heard the saying - Politics makes for strange bedfellows. 

In this age of political polar opposites, it is a rare happening when President Obama and the Republican-led Congress are on the same page on legislation. 

But that is the case as it applies to the TPP or the Trans-Pacific-Partnership.  This is a twelve country agreement that removes and revises tariffs on imports and exports between the participating countries.  It essentially makes it easier for trade to take place between these countries. 

In a way, it creates a nearly free-market that deals with trade similar to the European Union.  The TPP has also become a popular rallying point during both political conventions as Donald Trump has said the U-S should not ratify the agreement and Hillary Clinton, who was for the pact initial is now saying she is against it. So the TPP may eventually go to a vote in Congress and it is possible it will be ratified and turned into law. 

Bernie Sanders is a huge opponent to the TPP and, if you saw any of the Democratic Convention, you saw anti-TPP signs across the sea of delegates.  So, we’ll have to see what happens and if, and that is a big if, the trade agreement is passed.  It will prove that this president and this Congress can work together – and what irony that will be in the final 6-months of Obama’s term. 

The TPP may only be a single item but it may carry an even larger symbolic weight if it is ratified.  So watch for the TPP and see if it becomes the gridlock breaker in Washington D-C.

Copyright 2016 KLTV. All rights reserved.

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