1. Congress recently acted to deny trade preferences to countries that fail to meet their legal obligations to end such abusive child labor. 2. Non-classification technical disputes rarely occur, and when they do, the trade preference is for arbitration. 3. Because those three countries raised tariffs to correspond with EU rates, the EU agreed to compensate the U.S. with the trade preferences. 4. Bor countered that Newfield would still benefit from the plan because it could purchase a trade preference at the same time it bought rice from a miller. 5. Bush also pressed Congress to renew trade preferences meant to discourage drug production in four Latin American countries. 6. Instead, the debate disintegrated into a bidding war, with the president promising bridges, highways, and trade preferences to undecided lawmakers. 7. Meanwhile, another illicit contributor from Asia is given substantial presidential face time to deliver her pitch for trade preferences for China. 8. Options include removing trade preferences, imposing higher tariffs on imports from Colombia and blocking all Colombian airline flights to the U.S. 9. Options include removing trade preferences, imposing higher tariffs, denying travel visas to top Colombian officials and blocking all Colombian airline flights to the U.S. 10. Pastrana said the United States could go a long way toward helping him revive a lagging economy by granting Colombia trade preferences. |