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Latest Dominican Republic – Central America Free Trade Agreement Stories

2005-07-21 12:33:51

By Caren Bohan WASHINGTON (Reuters) - President Bush on Thursday cast the controversial trade pact with Central America as a "jobs program" that would help the United States and its neighbors better compete with Asian economies. The U.S.-Central American Free Trade Agreement faces a critical vote next week in the House of Representatives, where some lawmakers fear it will lead to job losses in textile-producing states. Bush said the pact would create a more level playing field for U.S....

2005-07-15 21:49:23

By Doug Palmer WASHINGTON (Reuters) - A small group of textile state lawmakers could reach a deal with the Bush administration as early as next week that would secure their vote for a free trade agreement with Central America, South Carolina Republican Rep. Bob Inglis said on Friday. "I'd very much like to vote for CAFTA and I will if we can get these things addressed," Inglis told Reuters. President Bush traveled on Friday to North Carolina -- the heart of U.S. textile country -- to make...

2005-07-15 13:14:23

By Patricia Wilson DALLAS, N.C. (Reuters) - President Bush tried to sell a controversial Central American free trade pact to reluctant fellow Republicans on Friday by calling it a sign of U.S. commitment to emerging democracies in the region. Solidly opposed by Democrats and unpopular among Republicans in states such as North Carolina where the textile industry has been hit hard by job losses, the Central American Free Trade Agreement would tear down trade barriers between the United...

2005-07-14 17:42:45

By Doug Palmer WASHINGTON (Reuters) - Republican lawmakers unveiled legislation on Thursday aimed at addressing China trade concerns that have complicated passage of a controversial free trade agreement with Central America. The bill, for the first time, would allow U.S. companies to seek duties against "subsidized" imports from China. It also would require the Treasury Department to fine-tune its definition of currency manipulation, essentially making it more difficult for the Bush...

2005-07-14 12:28:53

By Doug Palmer WASHINGTON (Reuters) - The U.S. House of Representatives will approve a trade agreement with Central America before the end of July, Republican leaders predicted on Thursday despite strong opposition from Democrats to the pact. "Two weeks from now we will have just voted, successfully I'm convinced, on the CAFTA trade agreement. That's going to take a lot of work over the next several weeks. But we'll do that before we leave here in July," House Majority Whip Roy Blunt, a...

2005-07-14 10:52:09

WASHINGTON (Reuters) - The U.S. House of Representatives will approve a trade agreement with Central America before the end of July, Republican leaders predicted on Thursday despite strong opposition from Democrats to the pact. "Two weeks from now we will have just voted, successfully I'm convinced, on the CAFTA trade agreement. That's going to take a lot of work over the next several weeks. But we'll do that before we leave here in July," House Majority Whip Roy Blunt, a Missouri...

2005-07-01 02:17:53

WASHINGTON (Reuters) - A free trade agreement with CentralAmerica was headed toward a bruising battle next month in theU.S. House of Representatives after winning approval onThursday in the Ways and Means committee. The panel voted 24-11 in favor of the U.S.-Central AmericanFree Trade Agreement, or CAFTA, which would tear down tradebarriers between the United States, Costa Rica, El Salvador,Guatemala, Honduras, Nicaragua and the Dominican Republic. The committee tally could change because...

2005-07-01 03:41:09

By Doug Palmer WASHINGTON (Reuters) - The Senate voted 54-45 to approve acontroversial free trade agreement with Central America onThursday, setting the stage for a bruising final battle nextmonth in the U.S. House of Representatives . The vote was a victory for the Bush administration, whichfinished the pact months before last year's presidentialelection and has faced stiff opposition from labor, textile andsugar groups who fear it will cost jobs. "I appreciate the bipartisan support in...

2005-06-30 01:31:22

WASHINGTON (Reuters) - A free trade agreement with CentralAmerica, fiercely opposed by U.S. sugar producers, won a voteof approval by the Senate Finance Committee on Wednesday afterthe Bush administration pledged to support more funding topromote workers' rights in the region. The action set the stage for expected approval ofU.S.-Central American Free Trade Agreement (CAFTA) by the fullSenate on Thursday or Friday. Senators voted 61-34 lateWednesday to begin up to 20 hours of debate on the...

2005-06-29 14:00:42

WASHINGTON (Reuters) - The Senate Finance Committee onWednesday voted to send the U.S. Central American Free TradeAgreement, or CAFTA, to the full Senate with a favorablerecommendation. The panel's voice vote set the stage for the full Senate topossibly take up the pact in coming days. The Ways and MeansCommittee in the U.S. House of Representatives is scheduled tovote on the agreement on Thursday.


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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