41. Every participant in the Miami gathering, however, knows that the president of the United States no longer has formal authority to negotiate new trade agreements. 42. Frank has said fast-track supporters have to do more for those who are hurt by new trade treaties. 43. He can talk about winning authority to negotiate new trade agreements, but the economic benefits would be years away. 44. He also vowed to fight new trade treaties unless they provided solid protections for workers. 45. He asked the Senate to give him authority to negotiate new trade accords, as the House did last year. 46. He praised Clinton for calling for labor protections in new trade agreements, but he said the administration had a poor record in enforcing trade accords. 47. He cited a recent decision by Ran Cohen, the new trade minister, to suspend financing for new factories in the West Bank and Gaza. 48. He said attendees will debate whether Internet startups should form a new trade association or join the Internet Alliance. 49. He said the United States is about to agree to a new international trade agreement that would specifically rule out formulary taxation. 50. He never plied his new trade in the United States. |