1. At the time he also promised Chile and other Latin American nations Nafta-like trade privileges. 2. Both have opposed extending normal trade privileges to China in the past. 3. Business leaders, hoping for increased trade privileges through NAFTA and Mercosur, a regional free-trade group, are worried. 4. But Congress would still have to approve the agreement and extend normal trade privileges to Vietnam, a vote that some administration official believe is unlikely this election year. 5. But he says it would have happened with or without NAFTA or permanent trade privileges for China. 6. But this year, after an aggressive business lobbying campaign, the president junked his own solution and extended trade privileges unconditionally. 7. Caribbean countries received certain preferential trade privileges under the terms of the CBI. 8. Congress must approve the permanent trade privileges to implement a tariff-cutting treaty that the Clinton administration negotiated with China last year. 9. Congress has never revoked the trade privileges. 10. Countries like the United States have already extended low tariffs and other trade privileges to China. |