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However, some confusion reigned about what Thomas's proposal would really do, and after the meeting textile caucus members raised questions about whether it would actually create a seven-year carry-back clause, sources said. “No one understood the mechanics of getting this done, including his tax counsel,” said one House source.
_title: FINANCE TAA APPROVAL UNCERTAIN OVER PROCEDURAL WRANGLE
He implied that the decision to agree to negotiate on U.S. trade remedy law in the WTO could erase political gains the president made with industrial states when he initiated a Section 201 safeguard investigation on steel. “The administration has been for that effort in opening up a 201 case, and I support them in that effort.
Rangel also seemed to downplay his role in securing the needed votes for the bill by insisting
DOHA -- Latin American countries late Tuesday (Nov. 13) agreed to a European Union request for a waiver from World Trade Organization rules for its banana import system under a compromise that would allow a challenge to future EU banana tariffs if they damaged Latin American market access.