National Post

Talks in limbo: What happened in the U.S. Congress and what’s next

- By Alexander Panet ta

WASHINGTON • For the U. S . president, it was a day of humiliatio­n. For internatio­nal free-trade talks, a moment of hesitation.

A dozen countries including Canada are now probing the debris from a disastrous day in Barack Obama’s efforts to reach a major trade deal.

It’ll quickly become clear whether the Trans-Pacific Partnershi­p agreement was temporaril­y derailed by the U.S. Congress, or more permanentl­y sidelined Friday.

Obama made an extremely rare visit to Capitol Hill, to lobby members of his own party to support a provision that would pave the way for a so-called fast track toward a deal.

With trade talks a late-stage priority for his presidency, Obama’s Democratic allies sent him back up the street to the White House, empty-handed.

The insta-reaction from some commentato­rs was that it heralded the final, lame-duck phase of Obama’s presidency. Others saw proof of the Democratic party’s leftward drift.

A veteran of the original Canada-U.S. free-trade negotiatio­ns explained the stakes for the internatio­nal community: Unless the president gets fasttrack authority to negotiate, a trade agreement becomes a long shot.

The momentum gathered once Congress gave up its power to amend the accord and agreed to simply vote Yes or No later — a process better known as fast track. The sides began attacking a main sticking point: the mechanism to settle disputes between government­s and companies.

This time key hurdles have included intellectu­al property, such as what power pharmaceut­ical companies might have to extend drug patents and agricultur­e subsidies.

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