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In addition, the Doha round of multilateral trade talks is all but dead.
FORBES: Google's Free Trade Agenda
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With the Doha Round of multilateral trade talks moribund, this decision could shape the future of the world trading system.
WSJ: Bartering Over a Trans-Atlantic Trade Deal
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More important, the future of the now-stalled Doha round of multilateral trade talks is essentially dependent on Congress' renewal of fast-track.
FORBES: From Hard Line To Fast Track
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Multilateral trade talks are the only way to tear these barriers down.
ECONOMIST: Trade
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The fraying tempers do not augur well for the faint hope that still exists of launching a new round of multilateral trade talks this year.
ECONOMIST: The WTO
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Moreover, after a major breakdown in multilateral trade talks in Germany earlier this month, the stalled Doha Round of trade negotiations looks all but dead.
FORBES: Fast Track To Nowhere
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He repeated this point in his confirmation hearings and plans to work with Pascal Lamy, a long-time friend and Europe's trade commissioner, to build momentum for the new round of multilateral trade talks.
ECONOMIST: Trade policy: Whoduzzit? | The