U.S. reaches Central America trade deal

[arcos]

U.S. reaches Central America trade deal

Overcoming a last-minute snag on textiles, the United States reached a free trade agreement Wednesday with four Central American countries.

Negotiators reached agreement in all areas, including textiles and agriculture, U.S. Trade Representative Robert Zoellick announced at a news conference with the trade ministers of Guatemala, El Salvador, Nicaragua and Honduras.

<snip>

A fifth nation, Costa Rica, abruptly left the talks Tuesday complaining about excessive demands by the United States for the nation to open its market to foreign competition in telecommunications and insurance.

<snip>

The free trade deal covering Central America has stirred strong opposition among U.S. sugar cane and sugar beet farmers, who fear competition from lower-priced Central American sugar, and from the U.S. textile industry, which is concerned that the deal will open the beleaguered industry to even more foreign competition.

<snip>

http://www.usatoday.com/money/economy/trade/2003-12-17-cafta-trade_x.htm

[grannylib]

1. Bye bye, jobs...bye bye now...nice to have known you...bye bye

[redqueen]

2. I also posted this in GD

Cognitive dissonance is not popular.

[WhoCountsTheVotes]

3. CAFTA:

CAFTA: "CEO Assh*les F!!king the Americans"