The Bush administration appears to be considering making a concerted push for Fast Track - but for just more of the same NAFTA deals. Here's Martin Vaughan from Congress Daily with the scoop:
After a resounding failure last week to get the Doha round of global trade talks back on track, Trade Representative Schwab is arguing that whatever happens with Doha, the White House needs trade negotiating authority renewed to focus on smaller, bilateral deals.
"The United States has assuredly not given up on the Doha round," Schwab told reporters at a House event Tuesday. "Absent a breakthrough right now, it doesn't mean that trade promotion authority no longer is an objective . . . there are other ways of approaching it," she said.
"And the single most important thing to recall in terms of U.S. trade policy going forward," Schwab continued, "is when the Doha talks are in the doldrums, you're going to see us step up in the negotiation of bilateral and regional deals around the world."