McCain supports Colombia free trade

Dan Grech Jul 2, 2008
HTML EMBED:
COPY

McCain supports Colombia free trade

Dan Grech Jul 2, 2008
HTML EMBED:
COPY

TEXT OF STORY

Scott Jagow: John McCain is in Colombia today. Not South Carolina — South America. McCain supports a free trade deal with Colombia. Barack Obama does not. Dan Grech has more from our America’s Desk at WLRN.


Dan Grech: Trade between the U.S. and Colombia last year was $18 billion. The country is our fourth-largest trading partner in Latin America, and a key political ally.

But a free trade deal with Colombia is stalled in Congress. Democrats, including Obama, say Colombia needs to reduce violence against labor leaders.

Michael Shifter: McCain wants to show that Obama and the Democratic Party are abandoning close allies like Colombia.

That’s Michael Shifter with the Inter-American Dialogue. He says the Colombian free trade pact is unlikely to come up for a vote until after the election in November. Building support now will be difficult for McCain.

Shifter: The timing, I think, is unfortunate, given the bad economic news in the United States. And it’s unclear whether this is really a winning issue, right now, to talk about the virtues of free trade.

McCain’s next stop is Mexico, where he’s going to be touting another issue with little political resonance: the war on drugs.

I’m Dan Grech for Marketplace.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.