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Senate Starts Debate on Trade

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

The Senate voted on Thursday to begin debating legislation that would give President Obama the power to complete the Trans-Pacific Partnership (TPP) agreement with 11 Pacific Rim nations.

After approving legislation to crack down on currency manipulation in partner countries, Senators voted 65-33 in favor of moving forward on debating fast-track trade promotion authority—quite a different outcome than Tuesday’s 52-45 vote that blocked consideration of TPA.

Read more at Sourcing Journal.