After years of negotiations, the United States and 11 other Pacific Rim countries wrapped up a sweeping trade agreement in October that supporters say will eliminate obstacles such as tariffs and set standards for doing business in 40% of the global economy. The deal has faced tough opposition in Congress — particularly among Democrats, who believe that past accords such as the North American Free Trade Agreement have sacrificed U.S. jobs to foreign competition.
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Topics: INVESTOR-STATE DISPUTE SETTLEMENT (ISDS)
Regions: NORTH AMERICA
Authors: LOS ANGELES TIMES