Trade deals are one subject (one of the very few left) which do not break down on party line. Both the Republicans and the Democrats are split over the issue, so it's not a repeat of the usual partisan battle lines. But it is a clear defeat for Obama, who lobbied hard to very little effect.
Government support for globally engaged American businesses is required now, not sometime in the future. The reality of our times is that all exporting countries are targeting the same faster-growing markets and an emerging middle class today, not in the future.
Let's take a look at a speech recently given by Gene Sperling, Director of the National Economic Council. It's a good metric of whether the administration "gets it" on manufacturing, and gives a fairly clear picture of the evolution of its thinking.