In the United States, the president has the constitutional authority to negotiate international trade agreements. But Congress has supreme authority over trade. This mechanism blunts talks U.S. Trade, because other countries are aware that any commitments made at the table can be modified or rejected by Congress. Thus, from 1974 to 1993, Congress gave the president the authority to bind fast track to operational yes or no vote on the implementation of the trade egislation without amendment or change in exchange for regular consultations and timely notification by the administration. However, in the early 1990s, fast track has been the subject of fierce political debate and the focal point for concerns about trade liberalization. HKS Case Number 1660.3 "Hide
by Charan Devereaux, Robert Lawrence, Michael Watkins 18 pages. Publication Date: August 31, 2007. Prod. #: HKS302-PDF-ENG