Word: trades
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Dates: during 1990-1999
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...public cynicism for politics, criticizing the political establishment for being hypocritical is almost trite. In the case of the Clinton administration's contradictory trade policies with Cuba and China, however, the charge of hypocrisy is warranted. While both countries are guilty of flagrant human rights violations, the prized "Most Favored Nation" (MFN) trade status has been bestowed upon the far more culpable Chinese...
...chorus of Europeans, Canadians and Mexicans have told the United States that the days of exploding cigars are over--if we are ever to unseat Castro, these nations say, we must make economic love, not war. They are right to point out the discrepancy which exists in U.S. trade policy, wrong to criticize the U.S. government's stalwart position on Cuba. Conscience calls upon the United States to continue to oppose Cuba for depriving its citizens of free expression, even if the price is standing alone among the nations of the world...
Clinton overturned former president Bush's China policy to grant a nation guilty of flagrant human rights violations MFN trade status. Even if this can be excused as an attempt to introduce the Chinese to capitalism (and thereby, inevitably to coerce the fall of one of the lasting bulwarks of communism), it must still be recognized as an abandonment of the principles which Americans hold dear. Our attempt to create a "favorable investment climate" in China by "exporting democratic values" may be an effective tool for bringing China's relationship with communism to an end, but at what ideological price...
...British have criticized the American refusal to be tried in the court of the World Trade Organization (WTO), calling the United States' position "arrogant." In defense, the United States has threatened to invoke "national security" as a justification for its ban on Cuba. This poses a problem for the potential effectiveness of the infant WTO in ensuring free trade practices. (Japan has also invoked "national security" in defense of its inflated rice tariffs.) It would have been much more savvy to avoid resorting to the crutch of national security, but given our contradictory attitude toward the Chinese, we are prevented...
...European-sponsored resolution condemning China's human rights record. The U.S. has also opted to wait until bilateral talks in mid-March before sounding China on allegations that it is violating pledges to slash exports of missile technology and chemical weapons components. Also put off: the booming U.S.-China trade deficit, which clocked in at $39 billion...