Gatt: Who Says Bush Is A Lame Duck?
The transition from George Bush to Bill Clinton has temporarily given the U.S. powerful leverage to move the long-stalled Uruguay Round of trade talks ahead. Now relatively free from domestic lobbying pressures, President Bush has turned his lame-duck status to advantage by breaking the deadlock with the European Community over farm subsidies. That clears the way to resume serious bargaining at Geneva under the 108-nation General Agreement on Tariffs & Trade on the full range of global trade issues, from textile quotas to protecting patents.
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