No Asia trade pact expected on Obama's trip to region | WHAT REALLY HAPPENED

No Asia trade pact expected on Obama's trip to region

The White House downplayed any expectations on Thursday (Nov 6) of progress on a much-awaited Pan-Pacific trade deal during President Barack Obama's upcoming trip to Asia.

The Trans-Pacific Partnership (TPP), which would encompass 40 per cent of the global economy and include 12 nations, has been the subject of protracted negotiations.

Webmaster's Commentary: 

One major brick wall is the TPP demand to prohibit all labeling of GMO products. Many Asian nations already have mandatory labeling of such products such as Japan and would view having to reverse their policy as a sign of weakness towards the United States.

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