<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class="">Washington Trade Daily</span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class="">WTD Trade Alert 12/3/15<u class=""></u><u class=""></u></span></p></div><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class=""><u class=""></u> <u class=""></u></span></p></div><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class=""><b class="">TPP Approval Top White House Priority for 2016<u class=""></u><u class=""></u></b></span></p></div><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class=""><u class=""></u> <u class=""></u></span></p></div><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class=""> </span><span style="font-family: Arial, sans-serif;" class="">Getting Congressional approval of the TransPacific Partnership will be a top White House priority for 2016 – a fact that will be reflected on President Obama’s calendar, National Economic Council Director Jeffrey Zients said today.<u class=""></u><u class=""></u></span></p></div><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class=""> </span><span style="font-family: Arial, sans-serif;" class="">The Administration is determined to see Congress vote on the TPP next year and both the President and his Cabinet will be out pushing for its approval, he told members of the President’s Export Council.<u class=""></u><u class=""></u></span></p></div><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class=""> </span><span style="font-family: Arial, sans-serif;" class="">It will be a “tough battle” to win Congressional support, but US Trade Representative Michael Froman said he is “convinced at the end of the day we will have the necessary support.”<u class=""></u><u class=""></u></span></p></div><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class=""> </span><span style="font-family: Arial, sans-serif;" class="">Both sides of the political aisle have problems with the agreement, PEC member and new House Ways and Means trade subcommittee chairman Dave Reichert (R-Wash) commented. TPP is going to be a “tougher” vote than Trade Promotion Authority, which Congress passed earlier this year, he said. The Administration will probably lose around 15 votes on the Republican side just over the tobacco provisions in the TPP, he added.<u class=""></u><u class=""></u></span></p></div><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class=""> </span><span style="font-family: Arial, sans-serif;" class="">For further details, see tomorrow’s issue.<u class=""></u><u class=""></u></span></p></div><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class=""><u class=""></u> <u class=""></u></span></p></div><div class=""><p class="MsoNormal"><span style="font-family: Arial, sans-serif;" class="">11:49 am</span></p></div></body></html>