April 11, 2008 |
The House on Tuesday refused President Bush's demand to ratify a free-trade deal with Colombia, voting to delay consideration of the pact until after the November election. The House's action effectively pushed debate on the politically sensitive trade deal into the next administration and averted a potentially embarrassing showdown for the Democratic presidential candidates. Republicans denounced the move, saying it damaged a key ally and undermined American credibility.
April 10, 2008 |
The crosstown tensions between the White House and Congress broke into the open Wednesday, threatening new obstacles for President Bush's effort to win approval of a free trade agreement with Colombia. House Speaker Nancy Pelosi (D-San Francisco) moved to undo a timetable that would have forced the House to vote on the measure before adjourning for the fall campaign.
December 5, 2007 |
Congress gave final approval to a free-trade pact with Peru on Tuesday, handing President Bush his first victory on trade since Democrats gained the majority a year ago. Although the Senate overwhelmingly approved the agreement, the White House faces tougher battles on the rest of its trade agenda heading into an election year in which globalization's effect on American jobs, the trade deficit and product safety are expected to be hot campaign issues.
October 13, 2007 |
miami -- Amid signs that Americans are more skeptical about free trade, President Bush pressed Congress on Friday to act on four commercial pacts with other nations, contending that they would invigorate the U.S. economy and create jobs. The president said the deals with Peru, Panama, Colombia and South Korea also would encourage democratic progress in regions crucial to U.S. security. "It is the time to move forward with these pro-growth, pro-democracy agreements," Bush said.
August 20, 2007 |
washington -- Just a day after Senate Republicans took the lead in scuttling an overhaul of U.S. immigration laws, House Democrats stiff-armed the Bush administration's largest-ever trade deal and declared they would deny the White House the authority it needs to cut more deals.
November 17, 2006 |
The World Trade Organization agreed Thursday to a limited resumption of stalled free trade talks but warned that major powers had not yet shown the flexibility needed for a deal. The WTO's so-called Doha round was suspended in July because of deep differences, particularly over agriculture. But the 149-state body gave the go-ahead to resume discussions. "We need to shift into a higher gear.