THE HARD Christmas Gemmy Airblown InflatablesPART. Many business lobbyists, while disappointed that the deal was not closed, agree that better terms can still be had. And Treasury Secretary Robert E. Rubin, National Economic Council Director Gene B. Sperling, Commerce Secretary William M. Daley, and top trade negotiator Charlene Barshefsky all advised Clinton that while the Chinese had made a remarkable number of concessions, “we’re not there yet,” according to senior officials.
Negotiating with Zhu over the remaining issues may be the easy part. Although Clinton can signal U.S. approval for China’s entry into the WTO himself, he needs Congress to grant Beijing permanent most-favored-nation status as part of a broad trade accord.
And Thanksgiving Gemmy Airblown Inflatablesthe temptation for meddling on Capital Hill may prove over-whelming. Zhu had barely landed before Senate Majority Leader Trent Lott (R-Miss) declared himself skeptical that China deserved entry into the WTO. And Senators Jesse A. Helms (R-N.C.) and Emest F. Hollings (D-S. C.) promised to introduce a bill requiring congressional approval of any deal.
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5 年前
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