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Press Releases

White House Push For Worker Aid May Stymie Free Trade Deals
Date: 6/30/2011
Written By: Market News International

Republican disapproval of the administration decision to include a worker retraining program in a long pending free trade agreement with Korea, has created an impasse that could stymie approval of the Korea FTA as well as the U.S. agreements with Panama and Colombia… Bill Reisch, president of the National Foreign Trade Council, criticized the Republican plan to boycott the mock markup, calling it the "Senate's equivalent of a temper tantrum," and urged rapid passage of the trade agreements. [Reinsch] called Congress "to do the right thing" by passing the legislation regarding the three FTAs "with no amendments."