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US Senate Reaches Deal to Advance Obama Trade Agenda

One day after failing to move on President Barack Obama’s trade agenda, the U.S. Senate has reached an agreement setting up key votes to advance a mechanism for approving an ambitious 12-nation Pacific Rim free trade pact. Republican Majority Leader Mitch McConnell announced the agreement among Senate leaders and called it “a sensible way forward without killing the bill.” Under the plan, the chamber will vote Thursday on a measure to crack down on currency manipulation by China and...

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