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Recasting the Politics of Inter-American Trade
Published online by Cambridge University Press: 02 January 2018
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The Continuing Latin American Debt crisis and the huge United States trade deficit inevitably mean that trade politics are on the rise again in the hemisphere. In 1986, on the eve of the proposed new GATT (General Agreement on Trade and Tariffs) round, President Reagan announced a duty on Canadian lumber, which, coupled with a Canadian duty against US corn less than a month later, derailed the broad bilateral free trade negotiations begun in 1985. The US and Brazil continued to argue the merits of a Brazilian market reserve law in microcomputers and software; and Mexico concluded its first bilateral trade pact with the US in decades during 1985, desperately embracing trade liberalization with the same zeal that made it the US model for “solving the debt crisis” in 1984.
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- Copyright © University of Miami 1986
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