Obama confident Pacific trade deal will be approved

[May 23, 2016]  HANOI (Reuters) - U.S. President Barack Obama said on Monday he was confident a Trans-Pacific Partnership (TPP) trade deal he has championed will be approved by U.S. legislators, to the benefit of the world.

Obama, on a Visit to Vietnam, told a news conference the TPP was a good deal for U.S. business and it would give the United States the ability to engage on issues of concern.

He said he had not seen a credible argument that the deal, which will group 12 economies, would hurt U.S. business.

(Editing by Robert Birsel)

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