US Senate Panel Expected to Approve 'Fast Track' for Pacific Trade Pact

A U.S. Senate panel is poised to approve legislation to facilitate the formation and approval of an ambitious Pacific region trade pact. “This is truly a historic bill,” said Republican Senator Orrin Hatch of Utah, Finance Committee chairman. “U.S. trade with foreign countries is a good thing. We need to be tearing down barriers to American exports, while at the same time creating enforceable rules for our trading partners.” The committee was expected to approve Trade Promotion...

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