Pacific and European trade deals may be back on track as US Senate votes again

The US Senate reached a compromise on Wednesday to advance Barack Obama’s sweeping trade agenda, one day after a failed vote dealt an early blow to the White House’s pursuit of new free trade agreements with Asia and Europe.

Japan, Australia said to clinch trade deal as U.S.-Tokyo talks heat up

(Reuters) - Japan and Australia clinched a basic trade deal to cut import tariffs, Australian media reported, as U.S. and Japanese officials stepped up efforts to reach a parallel agreement that would re-energize stalled talks on a broader regional pact.