President Obama said that, among other things, the trade pact
"promotes a free and open Internet.”
"When more than 95 percent of our potential customers live
outside our borders, we can’t let countries like China write the rules of the
global economy,” he said. China is not part of the trade pact, but a hope among
some supporters is that it will pressure the country to adopt some of the same
Other countries in the TPP areAustralia, Brunei, Canada,
Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
devil will be in the details, and the final text is not expected to be released
until at least a month or so. Obama cannot sign it until after a 90-day review
period, after which Congress will give it an up or down vote, without the
possibility of amending it. A vote is not expected until next spring.