What's the Scope of the Trade Agreement?

"If this isn't a trade deal, what the heck are we doing here? It's a mystery to me at least," says President Obama. "I'm having difficulty determining either the scope of this agreement or how ambitious it will be that i've been floundering", he adds. 'i see itis more of a rules making and standard setting initiative ta may be welcomed by some in the region, but also mere race concern domestically'