Fast Track to Nowhere

Abstract

BILL CLINTON is almost certainly going to talk Congress into giving him the fast-track tradenegotiating authority he seeks. When it comes to striking political deals to get his way, the president's record speaks for itself. But the current synthetic controversy over fast-track is actually beside the point. The real question in trade policy lies elsewhere, drowned out by the political noise from Capitol Hill and the White House. What trade specialists in WashingtonFred Bergsten among them-should really be asking is this: do the president's trade goals make sense?