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TPP suffers setback in US Congress - what does it mean for Australia?

US President Barack Obama is now scrambling to save his free trade agenda after Democrats teamed up with Republicans to vote down a bill that would've allowed the president to push ahead with negotiations on the US-led Trans Pacific Partnership.

Is the TPP dead in the water?

Sheryle Bagwell explains the latest development, and what it means for Australia.

To read ABC RN's Sheryle Bagwell's full article click here.

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