heavy heavy joining us is sandy reback with bloomburg government he is the director of global business. >> guest: thank you very much. >> host: there is picture of president obama, and joe biden talking with others about trade policy. what is going on? >> guest: in the second term of the palm administration the president obama has decided to try to reshape the global trading civil. he was during the first term more concerned about things like the affordable care act and dodd-frank legislation. he has turned oversees in imany ways. he has negotiations going on. trans-pacific partnership. another one to start with europe called the transatlantic trade and investment partnership. those are the two big ones going on. >> host: why focus on asia-pacific? >> guest: this is part of administration's so-called pivot to asia is a. there is concern in the boil tish shuns in the united states as well as some other countries in region that china has gotten powerful in the region. they have grown tremendously economically and grown militarily and diplomatically. the administration believes in things

host: joining us on the program is sandy reback. there is a picture of president obama and vice president biden talking to others about trade policy. guest: president obama has really decided to try to reshape the global trading system. the first was concerned about things like the affordable care act. now he is really turned overseas in many ways and he has a lot of big negotiations going on simultaneously. one in the asia-pacific of the transpacific partnership and it is all part of the pivot to asia. there is concern amongst politicians and the united states, along with other countries in the region. they have grown tremendously economically. the administration believes that through things like trade agreement, that is a way to assure u.s. allies in the region that united states is going to remain engaged in the pacific. host: there are charts showing the trade imbalance and what the u.s. sent out and takes in. it is a sense on how that applies to the asia specific countries. guest: this deal was not a big deal until this year. a

joining us on the program is sandy read back. reback.f presidentcture obama and vice president biden talking to others about trade policy. president obama has really decided to try to reshape the global trading system. the first was concerned about things like the affordable care act. now he is really turned overseas in many ways and he has a lot of big negotiations going on simultaneously. one in the asia-pacific of the itnspacific partnership and is all part of the pivot to asia. there is concern amongst politicians and the united states, along with other countries in the region. they have grown tremendously economically. the administration believes that through things like trade agreement, that is a way to assure u.s. allies in the region that united states is going to remain engaged in the pacific. there are charts showing the trade imbalance and what the u.s. sent out and takes in. it is a sense on how that applies to the asia specific countries. guest: this deal was not a big deal until this year. them, the u.s. army has trade agre