Free Trade Agreements in the News
As has been widely reported, President Bush yesterday announced that despite the objection of the Congressional leadership he would send to Congress legislation to implement the U.S-Colombia Trade Promotion Agreement. The text of the President's transmittal letter to Congress was released today by the White House and can be found here.
Speaking of free trade agreements, the front page of Wednesday's Washington Post business section contains a story entitled "Don't Blame NAFTA for Downturn, Many Economists Say". The story notes that most economists conclude that NAFTA has been a "net plus, if a modest one, for the U.S. economy."