Tech industry desperate for U.S. action on the TPP
The Trans-Pacific Partnership, a controversial trade deal supported by many U.S. tech companies, is on death row, with both major party presidential candidates opposed.
It's a long shot, but some tech trade groups are hoping for last-minute clemency from Congress and outgoing President Obama. The trade groups are pushing for Congress to approve the deal after November's general election, in the lame-duck session before a new Congress and a new president takes office.
The TPP, a free-trade deal negotiated among the U.S. and 11 other Pacific Region nations for seven years, has become a major presidential campaign issue in recent months.
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