Trade Deal | featured news

President Barack Obama has signed trade agreements with South Korea, Panama and Colombia, completing years of negotiations and fulfilling U.S. action on the biggest trade deal since the 1993 North American Free Trade Agreement.

Congress has passed free-trade agreements with Panama, South Korea and Colombia, overriding objections from liberal Democrats to advance a key priority for both the White House and congressional leaders.

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The U.S. and South Korea have reached an agreement on a free trade deal to boost American exports and create tens of thousands of U.S. jobs in the largest trade pact in more than a decade.

President Obama is announcing $10 billion in trade deals with India that are expected to help pay for 54,000 U.S. jobs.

China and Russia signed contracts worth several billion dollars, but didn't reach a breakthrough in negotiations to supply Russian gas to China.