Washington Post: CAFTA in Peril on Capitol Hill
June 13, 2005
More from the corporate press on the troubles facing CAFTA:
President Bush has declared ratification of CAFTA his top trade priority of the year. The pact would create a NAFTA-like free-trade zone between the United States and five Central American countries plus the Caribbean's Dominican Republic.
But both sides agree that without a major push from the White House and the GOP leadership, CAFTA is likely to become the first major trade deal to be defeated in more than 40 years and a major embarrassment for the administration.