Word: gattes
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...Clinton Administration's top guns today strongly urged Congress to pass thenew world trade treatythis year as top Republicans continued to grumble about it. Sen. Jesse Helms (R-N.C.), incoming chairman of the Senate Foreign Relations Committee, urged Clinton to postpone a vote on GATT. If Clinton agrees, Helms said he would make sure that White House foreign policy matters during the next Congress are "considered fully and fairly." Future Senate Majority Leader Bob Dole also expressed reservations. Veep Al Gore today pushed some key GOP hot buttons, saying that a delay would be "a death sentence...
...most important partner. The Chinese are "going to be like Japan, but outstrip our Japanese problem by an order of magnitude," Ratan says. The APEC summit, he adds, lays groundwork for serious negotiations with China on what it really wants: entry into the General Agreement on Trade and Tariffs (GATT) sooner than 2020. Not discussed: China's human rights record, which Clinton separated from renewal of China's Most Favored Nation status earlier this year.Post your opinion on theInternationalbulletin board...
President Clinton urged a lame-duck Congress to give thumbs up to theGeneral Agreement on Tariffs and Trade, which he said would create jobs and boost U.S. wages. "This should not be a partisan issue," Clinton said in a speech at Georgetown University. Clinton is under the gun on GATT: the head of the World Trade Organization warned today that failure by the U.S. to ratify the deal next month could dissolve the entire accord, which is set to go into effect Jan. 1. But Clinton need not worry on this account: the pro-business, pro-NAFTA G.O.P. will probably...
...demand favors of their own. Their IOUs will make it more difficult for Clinton to govern from the center next year, when the 104th Congress turns more moderate. As Wayne Berman, who helped manage trade issues in the Bush Administration, put it, "The Republicans are going to pass the GATT, but they want to make Clinton bleed...
White House officials acknowledge that the Republicans could return to Washington after Thanksgiving and declare that the lame ducks are no longer legitimately able to act in the public interest -- particularly on a pact as vital as GATT. Better to wait until the new Congress is installed, they might say, than let an old one make any more mistakes. Add to the mix the usual round of talk-show shrillness, a few salvos from Perot and the usual White House miscues, and all bets are off. "Anything could happen," admits an Administration official, "because the future of GATT...