The Associated Press has this report:
The South Korea-U.S. free trade agreement risks getting bogged down in U.S. presidential election politics next year unless Congress takes prompt steps to ratify it, a top American business association official said Tuesday."The question is how many trade votes does the Congress want to take this year," Myron Brilliant, vice president for Asian affairs at the U.S. Chamber of Commerce in Washington...
Brilliant said that he senses Charles Rangel, the powerful chairman of the House Ways and Means Committee, is taking steps to gather support among Democrats to secure passage.
"We're hopeful that Chairman Rangel now is moving towards a path of building momentum in the Democratic caucus for this agreement," said Brilliant, who is also president of the U.S.-Korea Business Council.
If the Chamber's statements are true, then anyone who thinks that the deal-making stops with Peru and Panama would appear to be sorely mistaken. That may be way even Korean Americans for Fair Trade, who are working primarily on the Korea pact, oppose the "deal." Read group member Young Choe's analysis here.