Reuters: As free trade pacts expand, U.S. trade deficit soars. Why add one more?
President Barack Obama has called on Congress to grant him fast-track trade authority for his Trans-Pacific Partnership free-trade agreement. The administration insists the authority, which would give Congress only an up-or-down vote on the agreement, is needed to get the best possible terms from its trade partners along the Pacific Rim. [Reposted from Reuters | …