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  • Executive Summary posted November 6, 1998 by John Sweeney Why Free Trade Matters to the American Farmer

    The global financial crisis is hurting American farmers already. Record harvests in the United States and other countries, worldwide grain surpluses, and the slumping demand in Asia have combined to drive the prices of agriculture commodities to their lowest level in decades. Farmers appealed to the 105th Congress to help expand U.S. agriculture exports by promoting…

  • Backgrounder posted November 6, 1998 by John Sweeney Why Free Trade Matters to the American Farmer

    The American farmer has been battered this year on two fronts. Despite record harvests in the United States, the world's grain surpluses and slumping demand in Asia are driving prices of agriculture commodities to their lowest level in decades. Farmers in 1998 were also devastated by nature--drought in Texas, crop disease in North Dakota, and flooding in the upper…

  • Executive Memorandum posted August 26, 1998 by John Sweeney Fast Track Negotiating Authority:  The Facts

    On September 24, the House of Representatives will vote on a bill to renew President Bill Clinton's fast-track authority to negotiate trade agreements with other countries. Since 1974, Presidents have used fast-track authority to negotiate trade agreements that reduced foreign taxes on American exports and provided American consumers with a broad selection of goods…

  • Executive Memorandum posted August 17, 1998 by John Sweeney Clinton's Last Chance on Fast-Track Trade

    Ignoring the conventional political wisdom that trade bills do not fare well in election years, Republican congressional leaders announced on July 29, 1998, that a bill to renew President Bill Clinton's fast-track negotiating authority will be voted on by the House during the week of September 21. The Senate Finance Committee voted 18-2 on July 21 to renew…

  • Executive Summary posted July 6, 1998 by John Sweeney Clinton's Latin America Policy:  A Legacy of MissedOpportunities

    The second Summit of the Americas, held in Santiago, Chile, on April 18-19, 1998, showcased how much influence and leadership the United States has lost throughout Latin America during the Administration of President Bill Clinton. His attendance at the summit without fast-track trade negotiating authority was symptomatic of the creeping paralysis in U.S. trade policy…

  • Backgrounder posted July 6, 1998 by John Sweeney Clinton's Latin America Policy:  A Legacy of MissedOpportunities

    The second Summit of the Americas in Santiago, Chile, on April 18-19, 1998, showcased how much influence and leadership the United States has lost throughout Latin America during the Administration of President Bill Clinton. The Economist at that time remarked that President Clinton was "almost in the dunce's cap" for not having fast-track trade…

  • Backgrounder posted December 5, 1997 by Bryan T. Johnson, John Sweeney Down the Drain:  Why the IMF Bailout in Asia Is Wasteful andWon't Work

    The International Monetary Fund (IMF) is bailing out Indonesia, Thailand, the Philippines, and South Korea, the world's 11th-largest economy. The current estimated cost of these four financial rescue projects is $118 billion, but many financial analysts fear this amount could rise to as much as $163 billion-about five times more than it cost the IMF and the…

  • Backgrounder posted October 22, 1997 by John Sweeney Myth and Realities of the Fast-Track

    Introduction Few issues in recent years have been as contentious--or as widely misunderstood--as the issue of renewing presidential fast-track negotiating authority. Before the current session of Congress ends, Members must vote either to grant or deny President Bill Clinton the fast-track trade authority he has requested. President Clinton has sought this…

  • Executive Memorandum posted October 16, 1997 by Robert P. O'Quinn, John Sweeney Congress Cleans Up Clinton's Fast-track Bill

    The House Ways and Means Committee and Senate Finance Committee have approved fast-track legislation which resolves problems in the original bill submitted by President Bill Clinton on September 16, 1997. Congressional leaders wisely refused to give the President broad authority to include labor and environmental issues unrelated to trade in any future trade…

  • Executive Memorandum posted September 19, 1997 by Robert P. O'Quinn, John Sweeney The Fast Track Bill: Keep It Clean

    President Bill Clinton sent Congress a draft bill on September 16, 1997, requesting renewal of fast track authority to negotiate trade and investment agreements with other countries. The President needs this authority to complete negotiations in the World Trade Organization (WTO) and Organization for Economic Cooperation and Development. Fast track is necessary to…

  • Backgrounder posted May 16, 1997 by John Sweeney NAFTA'S Three- Year Report Card: An "A" For North America's Economy

    Introduction President Bill Clinton is legally required to provide Congress with a detailed "report card" by July 1, 1997, covering the first three years of implementation of the North American Free Trade Agreement (NAFTA), which includes the United States, Mexico, and Canada. This report will come under intense congressional scrutiny because many Members of…

  • Backgrounder posted March 6, 1996 by John Sweeney Fulfilling the Promise of NAFTA: A New Strategy For U.S.-MexicanRelations

    INTRODUCTION          The Clinton Administration has lost sight of America's vital interests in the Western Hemisphere. With both eyes focused firmly on domestic U.S. politics, the Administration has dropped trade expansion from its Latin American policy agenda while adopting a more aggressive stance not only against illegal immigration from Mexico, but against…

  • FYI posted February 29, 1996 by John Sweeney The U.S. Response to Castro's Agression: Tightening the Embargo is Not Enough

    (Archived document, may contain errors) No. 88 February 29, 1996 THE US. RESPONSE TO CASTR09S AGGRESSION: TIGHTENING THE EMBARGO IS NOT ENOUGH By John Sweeney Policy Analyst The destruction by Cuban MIGs of two U.S.-registered civilian aircraft flying over international waters in the Florida Straits on February 24, 1996, proves once again that Fidel Castro will never…

  • Backgrounder Update posted February 13, 1995 by John Sweeney Don't Blame NAFTA for the Mexican Crisis

    (Archived document, may contain errors) 2/13/95 239 DON'T BLAME NAFTA FOR THE MEXICAN CRISIS (Updating Backgrounder No. 1016, "The Bailout of Mexico: A Costly Mistake?" January 25, 1995.) The economic crisis in Mexico has been blamed by some on the North American Free Trade Agree- ment (NAFTA). "We went into partnership with an unworthy lpartner," says…

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