September 30, 1994 |
Abandoning an effort to win speedy approval of a new world trade agreement, the White House and its Senate allies agreed Thursday to delay a vote on the pact until Dec. 1, forcing the Senate into an extraordinary post-election session, White House and Senate sources said. As a result, Sen. Ernest F. Hollings (D-S.C.
September 28, 1994 |
Plunging into a crucial, and perhaps climactic, period in its effort to retool the nation's trade relations, the White House sent Congress legislation Tuesday to implement a new world trade accord and, hours later, began a final round of negotiations to calm a roiling dispute with Japan.
September 12, 1994 |
Pressing to win approval of a global trade pact and to avoid a damaging showdown with Congress, the Clinton Administration signaled Sunday that it is willing to hold back a legislative provision it had sought for negotiating future trade deals. The new GATT accord--which would establish a World Trade Organization to govern global commerce--was completed in Geneva last December after seven years of negotiations.
September 10, 1994 |
With time running short on the congressional calendar, the White House finds itself suddenly struggling to win passage of a once-lauded global trade agreement against unexpected opposition and ever-worsening odds. Legislation that would massively overhaul the world's trading regulations and slash tariffs by an average of 40% is sitting in a bubbling pot of politically risky issues facing Congress when it returns next week.
August 9, 1994 |
An eclectic, incongruous coalition of liberals and conservatives urged President Clinton on Monday to put off until next year final congressional consideration of the new world trade treaty negotiated by more than 100 nations last December. In a letter to Clinton, critics ranging from consumer advocate Ralph Nader and California state Sen.
July 21, 1994 |
In an effort almost lost in the roiling debate over health care reform, the Clinton Administration is beginning a final concerted push to win approval of U.S. participation in a massive global trade agreement, optimistic that it will be able to nail down its second major political victory on the trade front--and one that eluded the two previous Administrations.
July 5, 1994 |
The graffiti, freshly scribbled on the concrete wall of the new business school building at the University of Wisconsin in Madison, says bluntly: "Stop GATT." In Washington, a rap recording is being circulated among trade specialists, its lyrics hammering away at the agreement that rewrites the rules of international commerce. What's going on here? Last autumn, the North American Free Trade Agreement polarized American political opinion.