The Presidential Daily Brief


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    Pacific Nations Agree on Historic Trade Pact

    A dozen nations, including the U.S., have been working on the Trans-Pacific Partnership for almost five years, finally agreeing yesterday on specifics. It’s a victory for President Obama’s late-term agenda, and it could have a major impact on industries as diverse as pharmaceuticals and vehicle manufacturing. Now it awaits ratification from a skeptical Congress through a no-amendment, up-or-down vote. It has critics on both sides: Some Republicans say it “falls woefully short” and it faces vocal opposition from labor leaders and Democratic presidential hopeful Sen. Bernie Sanders.

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