Business Fears Hill Has Soured On Trade.

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  • Author(s): Koffler, Keith
  • Source:
    CongressDaily AM. 10/17/2003, p2-4. 3p.
  • Additional Information
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    • Abstract:
      Business officials are concerned about dampening enthusiasm for free trade, fearing that problems such as the struggling economy will make it more difficult to pass free trade agreements in the United States Congress next year. Lawmakers are worried about protecting jobs in their districts and are angry about large trade deficits being run with countries such as China, trade lobbyists said. The discontent could hamper efforts to pass controversial free trade agreements with Central America and Australia that the administration is now negotiating and hopes to put before Congress next year. Labor officials are likely to vigorously oppose the Central American agreement if, it does not contain tough sanctions enforcing core labor standards in the Central American nations. Compounding the difficulty for business lobbyists, the agreements could be voted on during a congressional and presidential election year, exposing potential backers of free trade deals to politically damaging charges that they are shipping jobs overseas.