Lawmakers react as Doha falters
The World Trade Organization’s (WTO) Doha round of trade talks ground to an indefinite halt yesterday, dimming the prospects for congressional approval of a new trade pact under so-called “fast track” rules and leaving GOP leaders to reaffirm faith in the firm stance of U.S. trade negotiators.
House Majority Leader John Boehner (R-Ohio) praised the initial U.S. offer of farm-subsidy cuts and pointed to the European Union’s refusal to match that with a similar reduction in agricultural tariffs.
“No deal is better than a bad deal,” Boehner said in a statement affirmed verbatim by Senate Finance Committee Chairman Chuck Grassley (R-Iowa).
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