Details of controversial Pacific trade deal are released

Barack Obama, Vu Hoy Hoang, Nguyen Tan Dung, Mike Froman, Lee Hsien Loong, Ow Foong Pheng
FILE - In this Nov. 10, 2014 file photo, U.S. President Barack Obama, center, speaks during his meeting with leaders of the Trans-Pacific Partnership countries, in Beijing. Sitting with Obama are, from left, Vietnam Minister of Industry and Trade Vu Hoy Hoang, Vietnam Prime Minister Nguyen Tan Dung, U.S. Trade Representative Ambassador Mike Froman, Singapore Prime Minister Lee Hsien Loong, and Singapore Sec. of Ministry of Trade and Industry Ow Foong Pheng. The United States and 11 other Pacific Rim countries on Monday, Oct. 5, 2015, agreed to the Trans-Pacific Partnership, an ambitious and controversial trade pact that cuts trade barriers, sets labor and environmental standards and protects multinational corporations' intellectual property. (AP Photo/Pablo Martinez Monsivais, File)

WASHINGTON (AP) – Officials have released details of a sweeping Pacific Rim trade deal, setting the stage for a raucous debate in Congress.

Among the questions it poses: Will the pact promote U.S. exports and jobs? Or will it expose more American workers to low-wage competition and give multinational corporations too much power?

The United States reached an agreement Oct. 5 on the Trans Pacific Partnership with 11 other Asia-Pacific countries.

A member of the TPP, New Zealand, released the complete text on its foreign ministry website Thursday. The move makes public the details of an agreement that critics complained had been forged in secrecy.

Under law, President Barack Obama must give the public time to review the text before he signs the agreement and turns it over to Congress for approval.

(Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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