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Obama hosting political, business leaders for trade event

WASHINGTON – President Barack Obama will meet with a variety of political and business leaders as he continues to push for approval of the Trans-Pacific Partnership trade agreement.

Ohio Gov. John Kasich, former New York Mayor Michael Bloomberg and former Treasury Secretary Henry Paulson are among those on the White House guest list for the Friday meeting.

Kasich was a vocal TPP supporter during the presidential primary season, while eventual GOP nominee Donald Trump described it as a catastrophe that only he could stop.

Democratic nominee Hillary Clinton also opposes the 12-nation trade pact.

Despite the political headwinds, Obama is determined to secure TPP’s approval. The agreement would lower or eliminate thousands of tariffs.

After the meeting, Kasich and Atlanta Mayor Kasim Reed will participate in the daily White House news briefing.

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