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The Bush Administration and Democrats Reach a Bipartisan Deal on Trade Policy
Recently, the Bush Administration and Democrats struck a bipartisan deal on U.S. trade policy, coined the ?New Trade Policy Template?, largely reflecting many Democrats? long-standing position on trade, such as strengthening labor and environmental standards. The template will apply not only to future free trade agreements to which the U.S. is a party but also to the currently pending four trade deals with Peru, Panama, Colombia and South Korea.