Bad Timing For A Good Trade Agreement

It's signed. It's sealed. Delivery--well, there's a problem. The ink on a new global trade accord isn't quite dry yet, but chances are growing that Congress may embarrass President Clinton by refusing to act on ratification of the pact this year. His aides know the General Agreement on Tariffs & Trade is in trouble, but he is preoccupied with health-care reform and Bosnia and hasn't focused on the issue.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.