The TPP, a 12-country agreement to liberalize trade between the United States and the peripheral Pacific countries, including Japan, Mexico and Singapore, was a hallmark of Obama`s attempt to guide the U.S. overall strategy to focus on fast-growing Asian economies. Detailed descriptions and texts of many U.S. trade agreements can be accessed through the Left Resource Center. The United States is a member of the World Trade Organization (WTO) and the Marrakesh Agreement establishing the World Trade Organization (WTO) contains rules for trade among the 154 members of the WTO. The United States and other WTO members are currently participating in the WTO negotiations on development in Doha and a strong and open Doha agreement on both goods and services would go a long way in managing the global economic crisis and restoring the role of trade in promoting economic growth and development. The United States has free trade agreements with 20 countries. These free trade agreements are based on the WTO agreement, with broader and stronger disciplines than those of the WTO. Many of our free trade agreements are bilateral agreements between two governments. But some, such as the North American Free Trade Agreement and the Dominican Republic-Central America-U.S.

Free Trade Agreement, are multilateral agreements between several parties. Since the pact came into force in 1994, U.S. trade with Mexico and Canada has more than tripled and grown faster than U.S. trade with the rest of the world. Mexico and Canada are now the second and third largest exporters to the United States, after China. And both countries are the largest importers of American products. The president on Monday passed executive orders on trade and abortion. Congressional committees will soon begin legislation on health and slaughter.

With respect to the Trans-Pacific Agreement, despite congressional approval of the “fast track” approval for the agreement in 2015, it was never formally approved by U.S. lawmakers on both sides of the Ganges, who were increasingly concerned about the loss of U.S. jobs.