Word: naftas
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...right, NAFTA, designed to dismantle virtually all trade barriers between the U.S., Canada and Mexico, could go into effect as planned on Jan. 1, 1994. But even as Kantor and his colleagues were negotiating, top White House political consultant Paul Begala was on Capitol Hill urging key Democrats to put off consideration of NAFTA until after they begin to debate the Clinton health-care package. That process could take months following the bill's planned introduction in late September. Such a delay could scuttle the trade accord...
Begala and others in the White House argue that a "signature" program like health-care reform must take priority over the trade agreement. This thinking happens to mesh with arguments set forth in a letter sent to Clinton last week by 103 Democrats who oppose NAFTA. Clinton isn't ready to postpone NAFTA indefinitely, but he agrees with Begala that health care must come first. If delay is indeed the Administration's tactic of choice, it would explain why Bill Daley of Chicago, the President's leading candidate to shepherd NAFTA through Congress, told at least one key House member...
...NAFTA also offers an opportunity to manage the fast growing trade relationship between Mexico and the United States. A recent Banker's Trust report reveals that Mexico will soon replace Japan as the United States' biggest trading partner. With or without an agreement, the two economies will become more intertwined. Capital investment, made more attractive by Mexico's embrace of liberal economic principles is going to continue, and NAFTA will provide instructive guideline...
...NAFTA victory would be worth the expenditure of political capital. A dynamic international trading regime requires a firm, innovative leader at the helm. NAFTA will afford President Clinton that opportunity...
Those groups filing suit have, for now, appropriated the agenda. They continue to ignore the North-South cultural and economic divide which NAFTA can bridge...