Tuesday, June 28, 2011

Trade deal logjam over

I blogged two weeks ago about the difficulty Congress was having in approving trade deals with Colombia, Panama, and South Korea.  WSJ reports that a compromise has finally been worked out, one that apparently preserves the enhanced stimulus-era funding for Trade Adjustment Assistance.  This will certainly help make the US more competitive in terms of exports to those three countries.  Good to have some good news.  Now if we can only work out deals on the Greek and U.S. federal budgets!

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