McConnell touts new trade deal in speech

LOUISVILLE, Ky. (AP) — Senate Majority Leader Mitch McConnell is predicting the U.S. would register trade surpluses with countries lining up for the next global trade deal.

The Kentucky Republican said Monday the U.S. will benefit from trade legislation passed by Congress last week.

McConnell said the deal is an example of how partisan divides can be overcome to resolve a major issue. McConnell teamed with President Barack Obama and House Speaker John Boehner in passing the measure that strengthens Obama’s hand in trade talks.

McConnell said participating nations in the current Pacific-based trade talks account for 40 percent of the world’s economy, and include Japan, Malaysia and Vietnam. McConnell said the Asian countries are reaching out to the U.S. to offset China’s influence.

McConnell made the remarks at the Sons of the American Revolution conference in Louisville.

 

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