Congressional Quarterly | 11/11/2008 12:00:00 AM
Stalled U.S.-Colombia Trade Pact Seen as Early Test of Obama’s Approach
Nov 11 -- With global financial markets in turmoil and several trade deals on ice, labor unions and business groups are trying to decipher how President-elect Obama and an expanded Democratic majority in Congress will approach international trade policy, and are eyeing the U.S.-Colombia trade pact as an early indicator.
But unions and other skeptics of trade liberalization are arguing that the election results were a clear signal that the public is opposed to further trade agreements, and Democratic action on the Colombia deal would prompt a backlash from organized labor and other groups, which would be unhelpful, to say the least, to Obama’s political honeymoon.
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