Quote:
"Supporters of the Trans Pacific Partnership are pinning their hopes on the United States backing the trade deal during the so-called "lame duck" period between the presidential election and Barack Obama's replacement taking office in early 2017.
Speaking to Stuff after his meetings with trade and economic heavy-hitters in Washington, Prime Minister John Key said the view from the United States was that a deal to ratify the 12-nation agreement, which includes New Zealand, the US and Japan, was possible this year.
"If it's going to happen the consensus view is it will happen in the 'lame duck period', that period where the US president-elect is in place, so from November through the Christmas period," he said after talks including with Federal Reserve Chair Janet Yellen, US Secretary of Commerce Penny Pritzker, and US Secretary of Treasury Jack Lew."