Obama Seeks Path to Trade Deals Sought by Biggest U.S. Companies

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President Barack Obama urged Congress to back two priorities for U.S. multinational corporations: broader authority for his administration to negotiate trade deals, and changes to immigration laws.

In his State of the Union address to Congress, Obama sought fast-track authority to give lawmakers an up-or-down vote on trade deals as the U.S. tries to complete agreements with the European Union and Pacific nations.