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Hillary Clinton Comes Out Against TPP

The Huffington Post The Huffington Post 7/10/2015 Amanda Terkel
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WASHINGTON -- Hillary Clinton came out against the Trans-Pacific Partnership Wednesday, breaking with President Barack Obama on the 12-nation trade deal that is set to be a key part of his legacy.

"As of today, I am not in favor of what I have learned about it," Clinton told Judy Woodruff of PBS's Newshour.

More from her concerns in the interview:

I have said from the very beginning that we had to have a trade agreement that would create good American jobs, raise wages and advance our national security. And I still believe that's the high bar we have to meet. I have been trying to learn as much as I can about the agreement. But I'm worried.

 

I'm worried about currency manipulation not being part of the agreement. We've lost American jobs to the manipulations that countries, particularly in Asia, have engaged in. I'm worried the pharmaceutical companies may have gotten more benefits -- and patients and consumers fewer. I think there are still a lot of unanswered questions.

But for me, it really comes down to those three points that I made, and the fact that we've learned a lot about trade agreements in the past years.

Sometimes they look great on paper. I know when President Obama came into office, he inherited a trade agreement with South Korea. I and other members of the Cabinet pushed hard to get a better agreement. We think we made improvements. Now, looking back on it, it doesn't have the results we thought it would have, in terms of access to the markets, more exports, etc.

This is a breaking news entry and will be updated.

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