Word: naftas
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Johnston predicted that Chretien will be able to coax energy concessions on theNorth American Free Trade Agreement (NAFTA) fromthe Clinton administration along the same lines asconditions Mexico has already received...
...party that holds more than half again as many seats. The New Democrats will surely join the Liberals if the leading party tries to keep its campaign promises. Chretien's plans include a public works job initiative similar to Franklin Roosevelt's Civil Conservation Corps and a renegotiation of NAFTA. If he succeeds, he'll be two-up on President Clinton...
Trade is becoming freer -- surely Congress will eventually pass NAFTA, as Presidents Clinton, Bush, Reagan, Carter, Ford and Nixon have all, in a remarkable display of bipartisan good sense, been urging...
...dealing has some Republicans who favor NAFTA hinting that they might bolt. Last Friday Representative Tom Ewing of Illinois asked Clinton to forgo a new $5-a-seat tax on overseas air travel to help offset lost tariff revenues. New taxes, said Ewing, could be NAFTA's "death knell...
...NAFTA's fate next month will probably turn on 20 votes among Congressmen from Florida and Louisiana, who insist that sugar and citrus producers in their districts should continue to be protected from free-market competition, and that U.S. consumers should be protected from buying less-expensive Mexican imports. The treaty provides for a 15-year adjustment period on sugar imports, but it also allows the Mexicans to export sugar freely after seven years if that nation has a surplus. Sugar-state lawmakers are worried that the Mexicans will substitute corn syrup and other sweeteners for domestic use and divert...