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U. S. Trade Policy




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Excerpt from U. S. Trade Policy: Hearing Before the Committee on Foreign Affairs House of Representatives One Hundred Third Congress Second Session March 2, 1994 The committee met, pursuant to call, at 10:04 a.m. in room 2172, Rayburn House Office Building, Hon. Lee H. Hamilton (chairman) presiding. Chairman Hamilton. The committee will come to order. It is with a great deal of pleasure that we welcome to the Committee on Foreign Affairs the Honorable Mickey - Michael - Kantor, the U.S. Trade Representative. The past year has been an extraordinary year of achievement for U.S. trade policy. Three major developments have bolstered our international economic interests - the approval of NAFTA, the APEC summit, and the conclusion of the Uruguay round. Each of these developments was the product of efforts by several U.S. administrations. None would have met with success without the Clinton administrations vital contributions, and Ambassador Kantor deserves a large share of any credit that is due. A decade ago, the appearance of Americas chief trade negotiator before this committee would have been highly unusual, but times have changed. Trade and other international economic concerns are now central to American foreign policy. An activist trade policy and innovative export promotion efforts are critical parts of U.S. foreign policy. Today, almost every one of our key bilateral relationships has a major trade component. We are grappling with tough trade issues in every relationship with - Mexico, Canada, Europe, and Japan. Trade policy is no longer the cousin of foreign policy, nor is it merely an adjunct of foreign policy. Trade policy and foreign policy are now often inseparable. That has risks as well as advantages. Our relationships with Japan and other countries have importance well beyond trade. So while we now raise trade issues to the highest level in our dealings with other countries, we need to take care not to damage other aspects of the relationships upon which we depend. We must always seek a proper balance between our trade concerns and our security and human rights concerns. Ambassador Kantor, we thank you for meeting with us today. We look forward to your testimony. I notice that Ambassador Rufus Yerxa, your deputy, is with you. We are delighted to have him here as well. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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