Panama deal snarled in South Korean logjam for Obama’s trade agenda
The Obama administration's effort to win Congressional ratification by July of a free-trade deal with South Korea is in jeopardy due to a stalemate with House Republicans on when to act on stalled trade pacts with Colombia and Panama.
House Speaker John Boehner wants the pacts with Korea, Colombia and Panama to be considered together. President Barack Obama and his top trade negotiator, Ron Kirk, have been reluctant to agree to submit the three deals simultaneously.
Original source: Wall Street Journal