Republican Senator Portman opposes TPP trade deal in present form | Reuters - Firstpost
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Republican Senator Portman opposes TPP trade deal in present form | Reuters


WASHINGTON Republican U.S. Senator Rob Portman on Thursday said he opposes the Trans-Pacific Partnership trade deal in its present form, dealing a significant blow to the pact just a day after officials from 12 countries signed it.

Portman, from Ohio, said the Pacific trade deal fails to meet the needs of his state's workers because it lacks an enforceable provision to fight currency manipulation and because of new, less-stringent country-of-origin rules for auto parts.

(Reporting by David Lawder; Editing by Eric Walsh)

This story has not been edited by Firstpost staff and is generated by auto-feed.

First Published On : Feb 5, 2016 02:00 IST

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