White House: More job-killing deals to follow Korean NAFTA

If the job-killing Korea free trade agreement, the largest since NAFTA, isn’t stopped, the Obama Administration will try to push more through Congress. US Trade Representative Ron Kirk says the Administration will send the Korea trade deal to Capitol Hill “within weeks” and will “immediately intensify” talks with Colombia and Panama to finalize trade pacts with those countries. If the job-killing Korea free trade agreement, the largest since NAFTA, isn’t stopped, the Obama Administration will try to push more through Congress. Obama top trade rep Ron Kirk tells a House panel the Administration will send the Korea trade deal, the largest since NAFTA, to Capitol Hill “within weeks” and will “immediately intensify” talks with Colombia and Panama to finalize trade pacts this year. The Bush Administration signed all three deals, but Congress did not act on them. The Korea deal is expected to cost 159,000 jobs, Colombia has been a killing field for anyone asking for higher wages, and Panama is famous as a haven for tax evaders and drug money. Obama and the new Republican House leadership want all three deals approved. Obama is eager to show he can work with the Republicans in the House.
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