American Presidential hopeful Hilary Clinton has told PBS television she is against the Trans Pacific Partnership.

“As of today, I am not in favour of what I have learned about it,” she said to PBS.

“I don’t believe it’s going to meet the high bar that I have set.”

There has still been little said about the trade pact despite it being signed by 12 nations on Monday – including Australia.

What is known is that it is the largest regional trade pact ever, encompassing a staggering 40 per cent of the global economy.

Moreover it will be remembered as one of President Obama’s key diplomatic and economic achievements.

Trade minister Andrew Robb brushed aside criticism of Ms Clinton’s rhetoric.

“There is a fair bit of politics at play here,” he said

“Hillary is looking for some differentiation at a time when her candidacy is coming under some intense pressure and is by no means assured.”

Clinton said she was concerned about currency manipulation provisions not included in the text of the accord.

“We’ve lost American jobs to the manipulations that countries, particularly in Asia, have engaged in,” she said.

But US politicians have cautiously welcomed the free-trade accord ahead of the fierce scrutiny it will face in Congress.

Congress will vote on its ratification in 2016.

About The Author

Someone you can depend on to respect you and care for your dog. Let me help you give your dog the life it deserves.

Leave a Reply

Your email address will not be published.