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(单词翻译:双击或拖选)
AS IT IS 2016-05-29 Approval of TPP in US Congress Seen as Difficult 美国国会批准TPP的可能性不大
In Vietnam this week, President Barack Obama spoke1 in support of the free-trade agreement called the Trans-Pacific Partnership2.
The free-trade deal is among the United States and 11 other nations around the Pacific Ocean.
On Monday, he said he was “confident” that the deal, known as the TPP, will pass in the U.S. Congress. Vietnam is one of the countries included in the TPP.
But members of the U.S. Senate, which approves trade agreements, are not so sure.
Republican Senator Lindsey Graham of South Carolina said the president was “overly optimistic” about passage of the deal. “There’s been a sourness on trade” in Congress, he added.
Democrats3 in the Senate also have voiced concerns. Chuck Schumer of New York called passing the TPP a “tough lift,” or a difficult effort.
Dick Durbin of Illinois pointed4 to the lack of support for the agreement among the candidates for president.
“When you have the three leading presidential candidates of both parties opposing TPP, it’s an indication that political sentiment is not in favor of the agreement,” said Durbin.
Democratic Party candidates Hillary Clinton and Bernie Sanders, and Republican Party candidate Donald Trump5, have said they oppose the TPP trade deal.
Some labor6 unions, environment groups and human-rights groups also strongly oppose the deal.
Details Still an Issue for Some Supporters
The TPP was created to reduce import taxes, such as tariffs7, which are considered barriers to trade. It also puts in place rules for trade and enforcement. Partners include Japan, Canada, Australia, Mexico and Vietnam. The 12 countries that signed the agreement make up about 40 percent of the world’s economy.
American business groups support the agreement.
Democratic Senator Mark Warner of Virginia supports the TPP.
“There are winners and losers in every trade deal,” he said. Many problems linked to trade with China, such as job losses, have already taken place, he said. The TPP, he noted8, does not deal with China trade.
Supporters of the TPP want Congress to vote on the agreement after the November elections.
That is a possibility, according to Republican Senator Orrin Hatch of Utah. But Hatch is unsure about the TPP. He said, “I think Republicans do want to support it, but there need to be some changes.”
Hatch is not happy about the length of time U.S. companies would keep exclusive rights to their drug and biological products. These include drugs and genetically9 engineered products.
“The most problematic area is the data exclusivity provision of only five years,” the Senator said. “We need to solve some of these problems, but I think they are solvable,” he added.
Partner nations signed the TPP in February in New Zealand after seven years of negotiations10.
Words in This Story
indication – n. a sign or signal that shows something
sentiment – n. an opinion, attitude or feeling of emotion
unions -- n. group of workers who band together to get better benefits
tariffs -- n. taxes or fees charged in the import of goods
exclusive – adj. something that applies only to one group and no others
1 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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2 partnership | |
n.合作关系,伙伴关系 | |
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3 democrats | |
n.民主主义者,民主人士( democrat的名词复数 ) | |
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4 pointed | |
adj.尖的,直截了当的 | |
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5 trump | |
n.王牌,法宝;v.打出王牌,吹喇叭 | |
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6 labor | |
n.劳动,努力,工作,劳工;分娩;vi.劳动,努力,苦干;vt.详细分析;麻烦 | |
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7 tariffs | |
关税制度; 关税( tariff的名词复数 ); 关税表; (旅馆或饭店等的)收费表; 量刑标准 | |
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8 noted | |
adj.著名的,知名的 | |
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9 genetically | |
adv.遗传上 | |
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10 negotiations | |
协商( negotiation的名词复数 ); 谈判; 完成(难事); 通过 | |
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