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Bush given right to negotiate trade deals

Andrew Buncombe
Wednesday 07 August 2002 00:00 BST
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President George Bush signed legislation yesterday that gave the White House the right to negotiate international trade agreements for the first time in eight years.

Last week, Congress gave final approval to the Trade Promotion Authority bill, or "fast-track", which allows the President to negotiate deals with foreign countries without having to seek approval from Congress. Under the new legislation, Congress will have 90 days to reject or approve any treaties negotiated by the President but will not be able to amend the deals.

Mr Bush said at a White House ceremony: "Trade is an important source of good jobs for our workers, a source of higher growth for our economy. It creates new opportunities for our entrepreneurs. Trade expands choices for America's consumers and raises living standards for our families."

Some analysts claim that without the White House trade authority – denied to President Bill Clinton – other countries would not negotiate seriously with the US because of the fear Congress could change any pact it did not like.

Mr Clinton used the presidential negotiating authority early in his first term to conclude the North American Free Trade Agreement with Canada and Mexico and the Uruguay Round of world trade pacts and push those initiatives through Congress. After fast-track expired in 1994, Mr Clinton was unable to persuade Congress to renew the legislation mainly because of concerns among fellow Democrats about the impact of trade agreements on workers and the environment.

Meanwhile, Mr Bush, 56, was declared to be in "extraordinary health" by doctors after his annual physical examination. The check-up showed Mr Bush's heart and lung capacity to be in the top 1 per cent for men his age.

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