Saturday, November 10, 2007

Trade Triangulation?

Hillary Clinton says she will support the Peru FTA but not agreements with Colombia or Panama. From Bloomberg:

Clinton said she's opposing the Colombia deal because she's concerned about violence against trade unionists in the country and can't support the Panama agreement because the head of the nation's National Assembly is a fugitive from justice in the U.S.

"I have long said that we need smart trade policies that advance labor rights, the environment and our economic standing in the world,'' Clinton said in a statement released by her campaign. "As president, in my first months in office, I will take a time-out from new trade deals to assess their impact before going forward.''

It looks like we are starting to see a clearer picture of the future of U.S. trade policy (read the Policy Innovations article on this topic here)--something like trade triangulation.

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