It's it? What is it?
Fair traders have focused a lot on getting the Obama administration change course on the Bush administration's failed trade and investment policy. The message we've gotten consistently is that this new approach is still being thought out, discussions are being had, and the new approach is coming out soon and we'll hear about it.
The fair trade response was swift:
And earlier this week...
Members of the House Trade Working Group called on the Obama administration Wednesday to review current U.S. trade agreements and push for a trade overhaul in the upcoming World Trade Organization ministerial meeting.
“We want to work together to develop a trade agenda that we can all be proud of,” said Rep. Louise Slaughter (D-N.Y.) during a press conference.
Rep. Michael Michaud (D-Maine) and Slaughter said they want Obama to live up to campaign promises on trade by dismissing the Doha round trade liberalization talks, agreements aimed at lowering trade barriers for developing countries, and start a compete overhaul that focuses on labor rights for American workers.
“As our nation’s representatives prepare to head to Geneva, we want them to know that the trade act not only represents a way here at home, it also mirrors calls from many WTO countries to turn around the WTO,” said Michaud. “This represents exactly what many nations have called for at WTO: a review of the existing views and the will to fix what is broken.”
The adminstration has expressed desire for a way forward on trade, and it sounds like there are a lot of paths towards this goal. But the path can't be backwards to Bush-era policies.