Happily, the US and South Korea reached a
breakthrough on the trade agreement that the Bush
administration had already signed, but which the Obama
administration insisted on renegotiating. Perhaps this will undo
some of the
damage done to American credibility by Obama's failure to make
good on a promise to finalize negotiations in time for last month's
G-20 meeting. Next year Congress could ratify the agreement -- and
maybe
more:
Moving forward on the South Korea agreement could also provide
momentum for the other trade deals held over from the previous
administration, with Colombia and Panama.
Another senior official said the administration could make a
decision early next year about when to submit all three agreements
to Congress.
[Chuck] Dittrich, of the National Foreign Trade Council, said he
hopes the administration seizes the opportunity. "I think that
there's a momentum for a proactive trade agenda," he said.
Problems between friends should be shared. S Korea has been
threatened, and the US has shared their problem by coming to their
aid. In return they are sharing the job problem in the US by buying
American built cars. One hand washes the other until they are both
clean.
jgo| 12.5.10 @ 12:48PM
Where's the beef? With such little info there's no way to make a
reasonable judgement. Is this trade agreement really for free and
honest trade or is it just another scam going under the name of
"free trade"?
morris wise| 12.4.10 @ 10:55AM
Problems between friends should be shared. S Korea has been threatened, and the US has shared their problem by coming to their aid. In return they are sharing the job problem in the US by buying American built cars. One hand washes the other until they are both clean.
jgo| 12.5.10 @ 12:48PM
Where's the beef? With such little info there's no way to make a reasonable judgement. Is this trade agreement really for free and honest trade or is it just another scam going under the name of "free trade"?