Posted on 06/20/2005 11:44:28 PM PDT by hedgetrimmer
WASHINGTON (Reuters) - The White House is waiting for the go ahead from congressional leaders before asking for final votes on a controversial free trade pact with Central America, a top Bush administration official said on Monday.
It is possible to pass the agreement before the end of June if the two top congressional Republicans, Senate Majority Leader Bill Frist of Tennessee and House Speaker Dennis Hastert of Illinois, decide they are ready for the pact, U.S. Trade Representative Rob Portman (news, bio, voting record) told reporters.
"I feel good about the progress we've made in the last few weeks. I think the votes will be there in the end," Portman said after a speech to the U.S.-Korea Business Council.
The U.S.-Central American Free Trade Agreement, or CAFTA, faces more opposition than any other trade agreement negotiated so far by the Bush administration.
Labor groups, sugar growers and many textile companies are fighting the pact, which they fear will lead to job losses.
Key Senate and House of Representatives committees recently approved draft legislation to implement CAFTA, which would lower barriers for U.S. exports to Costa Rica, El Salvador, Honduras, Guatemala, Nicaragua and the Dominican Republican as well as lock in preferential trade treatment those countries enjoy in the U.S. market.
Portman said he expected Frist and Hastert to make a decision this week about when they want the White House to submit a final bill.
Once the White House submits the bill, Congress would have 90 days to approve or reject it without making any changes.
Both sides are predicting a close vote in the House. It is possible the Senate could take up the bill first, where passage is more certain, Portman said.
The administration is still talking to members who have concerns about the sugar and textile portions of the bill, as well as broader trade concerns about issues such as China, Portman said.
He warned that rejection of CAFTA would be a blow for the overall U.S. trade agenda: "If CAFTA fails, frankly I think our ability to push global trade talks and other trade initiatives, either regional or bilateral, would be damaged."
Hope so. Free trade and open markets are good for everyone. Tariffs that add to costs and enrich governments suck.
Free trade is not Fair trade, there is no reason a TREATY needs to be signed to conduct free market international trade.
Its time to flood the white house and congress with calls to prevent them from signing this agreement.
Its time.
You are correct. The only thing that needs to be negotiated are tariffs, and whether or not they will be applied.
Then there's the unintended consequences of NAFTA:
http://www.freerepublic.com/focus/f-news/1422461/posts
To me it certainly sounds like central planning on a global/ regional scale. Maybe Im being to simpliistic but it seems to me that central and south America have plenty of resources, land and labor, enough certainly to compete globally as long as they have the right government, freedom and work ethic.
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The U.S.-Central American Free Trade Agreement, or CAFTA, faces more opposition than any other trade agreement negotiated so far by the Bush administration.Labor groups, sugar growers and many textile companies are fighting the pact, which they fear will lead to job losses.
If such international treaties control immigration and jobs - I can see many honest Americans soon adopting a few "Spanish words" and skipping those tiresome 1040 forms every spring
The underground economy is exploding in the USA and any government, administration, Congress, or judiciary that bypasses the public will shall find contempt and wholesale dumping of traditional businesses, jobs, and sources of income, assets, property -
The US Supreme Court Justices commented some years ago - that if the our American citizens lose respect and confidence in the judiciary and government - that the public will start picking and choosing the was they wish to obey or use for their own good purposes
Kind of like TYCO, ENRON, the Clintons, liberals, and our politicians and the illegal aliens do every day
Keep your eye on the bouncing ball....
Giving illegal aliens more rights, privilidges, and "bennies" that honest US-born and raised citizens is a violation of the 4th Ammendment to the US Constitution
Read it -
No "treaty" or "agreement" or "Congressional law" can have power over it
The 14th has been used against us and for illegal aliens - "anchor babies" - "equal rights of the people"
Time to use it ourselves now - or lose everything
Ever wonder why the US government lets billions of untaxes income flow to Mexico - yet is ready to put you, the American citizen behind iron bars for years if you have an off-shore bank account?
Equal?
Check out "OAS' in Google. Jeb Bush's photo comes up on the first page. This is one more extension of the Tri-Lateral comission. World domination by stages. Europe, Asia, and the Americas.
You need treaty to establish the enforcement mechanisms in case when some businesses do no follow the rules of free trade. Otherwise there could be discrimination and preferential treatment given one's own countrymen (whether in US or in Central America).
Just a helping tip: go to thotline.com to find more information on this and an easy way to get your opinions to your members of congress. (use IExplorer)
the more I dug into CAFTA the more I disliked it.
Treaties always have their victims and their profiteers. It makes no sense to place a regulatory burden on US businesses then award government contracts and trade to those who do not have those regulatory tariffs.
These agreements have a long-term pitfall. Trade your cheap wal-mart stuff for lost jobs.....
The final nail in the final coffin of the country known as the United States of America. Traitiors all.
Well that's good news. Trade deficit job-exporting deals will be ended. More good jobs can again be created in this country than since President Bush made China a permanent favorite trading partner.
Thanks for the info, consider it done. I have also made called and written letters.
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