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| The Balance of Trade |
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October 19, 2007
As Bill Moyers remarks in his trade essay this week:
"When President Bush came into office, the U.S. had trade agreements in force with three countries. Now the number is fourteen. Like Bill Clinton before him, this
president is an evangelist for the gospel of free trade, a true believer. but the congregation is growing restless...
Increasing numbers of Americans have come to believe that free trade is not fair trade. The President is having to make many more pitches to try to sell some new
trade agreements he wants with Latin American countries."
Here are some of the latest articles on the controversial trade deals:
Democrats Talk Sense to
Democrats NEW YORK TIMES, Editorial, October 7, 2007 "At home, the trade pacts would provide opportunities for American exporters and help create jobs. In Latin America, the pacts would contribute to economic growth, shake off dependence on the narcotics trade and cement relationships in a region where Washington's influence is increasingly trumped by the well-oiled diplomacy of Venezuela's Hugo Chavez."
Republicans Grow Skeptical On Free Trade By John
Harwood, THE WALL STREET JOURNAL, October 4, 2007 "By a nearly two-to-one margin, Republican voters believe free trade is bad for the U.S. economy, a
shift in opinion that mirrors Democratic views and suggests trade deals could face high hurdles under a new president."
Secretary Rice on Trade Deals Watch Secretary Rice speak at the Organization of American States (OAS) Building, hosted by the Council on Foreign Relations, October 9. 2007.
The Costa Rica Deal
Costa Rica appears to seal
CAFTA By Marla Dickerson, LA TIMES, October 8, 2007 "Many blamed a campaign of dirty tricks by CAFTA backers in the nation and unrelenting pressure from the United States for scaring voters into backing the deal."
U.S. warns Costa Rica against rejecting
CAFTA By Doug Palmer, REUTERS, October 4, 2007 "Costa Rica could lose valuable access to the U.S. market if the country rejects a free-trade agreement with the United States when voters go to the polls on Sunday, a top U.S. official said."
Read the full CAFTA
text From the Office of the United States Trade Representative, read the original CAFTA text including amendments, letters, and additional documents.
Senator Bernie Sanders and CAFTA From Senator
Sanders' Web site, read recent WALL STREET JOURNAL editorials criticizing his actions related to trade and Costa Rica, and read the Senator's
response.
The Peru Deal
Senate
committee approves U.S.-Peru trade deal By Doug Palmer, THE BOSTON GLOBE, October 6, 2007 "The U.S. Senate Finance Committee on Thursday approved a free trade deal with Peru that contains groundbreaking labor and environmental provisions demanded by Democrats after they captured Congress last year."
US-Peru deal seen as 'a breakthrough' By
Alan Beattie, THE FINANCIAL TIMES, September 20, 2007 "The proposed US-Peru trade agreement represents more than a somewhat limited deal with one
of America's smaller trading partners."
U.S.-Peru Trade Promotion Agreement
Hearing On September 11, 2007, the Senate Finance Committee held a hearing on the pending US - Peru trade deal. Read testimony
from Michael Kantor, partner of Mayer Brown, Thea Lee, Policy Director and Chief International Economist, AFL-CIO, and others.
Commerce
Between Friends and Foes THE ECONOMIST, October 4, 2007 "The United States may finally ratify a trade deal with Peru. But pan-American trade diplomacy remains a mess."
The Panama Deal
Tax Justice Network This trade watchdog
group recently published a report that questions United States interests in Panama.
Panama Trade Promotion Agreement Read the fine print of this agreement from the Office of the US Trade Representative.
Published on October 5, 2007
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Trade TalksJohn R. MacArthur, author of THE SELLING OF 'FREE TRADE': NAFTA, WASHINGTON, AND THE SUBVERSION OF AMERICAN DEMOCRACY shares his thoughts on this week's closed door negotiations on a new trade deal.
Lori Wallach, Director of Public Citizen's Global Trade Watch Lori Wallach on the secret trade deal negotiated by leaders of the Democratic Party and its implications for labor unions, consumer groups and the environment.
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