India and Brazil''s fear of growing Chinese imports
was behind their decision to help prompt the collapse
on Thursday of the G4 trade talks in Potsdam, said Susan
Schwab, the US trade representative, has said in an
interview with the FT.
said she was also surprised by India and Brazil''s "rigid"
negotiating positions, remarking that Kamal Nath and
Ceslo Amorim, the Indian and Brazilian trade ministers,
were less flexible in their offers on their manufacturing
tariffs at Potsdam than at previous negotiations.
also said that the collapse of the Potsdam talks could
have positive as well as negative effects on Capitol
Hill, which has undertaken a more hawkish stance towards
China over the last few months.
faces a tough time ahead persuading the US Congress
to renew the Bush administration''s fast-track trade
negotiating authority, which expires next week.