By Deirdre Walsh
Congress voted Wednesday on a bipartisan basis to pass free-trade bills with Colombia, Panama and South Korea.
President Barack Obama, who dined Thursday at a Korean restaurant with South Korean President Lee Myung-bak and is to welcome him Thursday on a state visit to the White House, sent the trade deals to Congress last week.
The White House, Republicans and big business groups have said the deals would create jobs in the United States. The deals could spur $13 billion annually in new exports and “support tens of thousands of jobs,” a senior administration official has said.
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Congress Approves Biggest U.S. Trade Agreement Since 1994
Bloomberg (13 Oct 11)
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