Expert Video
Assistant U.S. Trade Representative Regina Vargo, on the Free Trade Area of the Americas

Negotiations to create a Free Trade Area of the Americas (FTAA) are underway to eliminate barriers to trade among 34 countries in the Western Hemisphere. Launched after the Summit of the Americas in Miami in 1994, the negotiations are set to conclude by 2005. Recent events, however, have complicated the process. The United States’ imposition of tariffs on imported steel and granting of billions of dollars in new subsidies for agricultural production, and the election of Lula da Silva, a Leftist critic of free trade, as president of Brazil have raised questions over the commitment to free trade of the hemisphere’s two largest economies. In this Ask the Experts session, Assistant U.S. Trade Representative Regina Vargo, from the Office of the U.S. Trade Representative, talks about the FTAA with Globalization101.org’s Sherman Katz.