Trade leaders wrap up proposed Trans Pacific Partnership on Maui
LAHAINA, MAUI (HawaiiNewsNow) -
Trade leaders from a dozen countries wrapped up four days of trade talks in Lahaina on Friday. All week long economic ministers from 12 nations, including the United States, were holding talks on the proposed Trans Pacific Partnership on Maui.
If the deal goes through, the Trans-Pacific Partnership would lower trade barriers and affect 40 percent of the global economy.
The Obama Administration says the agreement would give the U-S an economic boost and keep high-quality jobs.
Opponents say the negotiations are secretive and that it would give corporations the power to sue taxpayers over laws they don't like.
An announcement on the deal is scheduled for late Friday evening.