Political Quotes

“the United States recently agreed to a GATT agreement, a General Agreement on Tariffs and Trade. Generally speaking, I am a freetrader, provided that our products are treated fairly in trade with other countries and provided, if we let their products into our country, ours are treated equally. GATT sounds like a good deal upon first hearing about it, because it is supposed to be the trade agreement of the 1990's. It has about 120 nations in this trade agreement. I think that Mickey Kantor took some good first steps, but then rushed to an agreement. The GATT agreement that was agreed to, that will be coming to the Senate not as a treaty, I might say, but for enabling legislation, is not a good agreement, in my opinion. I am struggling with it. I may have to vote against the enabling legislation. Let me give a little background. The GATT agreement creates a world trade organization of 120-some nations, of which the United States only has one vote.”