Obama says U.S. cannot wall itself off from economic globalization
U.S. President Barack Obama and Mexico President Enrique Pena Nieto (L) hold a news conference at the White House in Washington, U.S. July 22, 2016. REUTERS/Joshua Roberts
WASHINGTON (Reuters) - President Barack Obama said on Friday that globalization is a fact that "we're not going to be able to build a wall around" but that it was important to work to shape the process so that it benefits not just big companies but small firms as well.
The U.S. leader, speaking at a news conference with Mexican President Enrique Pena Nieto, said the Trans Pacific Partnership trade deal currently being worked on has taken into account some of the weaknesses and criticisms of the North American Free Trade Agreement and sought to address those.
(Reporting by Ayesha Rascoe; Writing by David Alexander; Editing by Eric Walsh)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump disputes his own Justice Department's findings on Reflecting Pool
- 'Le camping', an egalitarian symbol of French summers, faces a fiery future
- Rosatom says its civilian vessel sank in Black Sea after Ukrainian drone attack, all crew survived
Create E-mail Alert Related Categories
ReutersRelated Entities
Barack ObamaSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share