Can this woman save free trade?
Susan Schwab, the U.S. trade representative, has channeled a personal tragedy into a nonstop crusade to keep globalization alive, writes Fortune's Nina Easton. Will she succeed?
By Nina Easton, Fortune Washington bureau chief
September 26 2007: 8:13 AM EDT
(Fortune Magazine) -- Susan Schwab is sitting inside a VIP lounge at Dulles airport near Washington, waiting for a call from The Chairman. Jet fumes hang on the tarmac outside, but what Schwab smells is a deal.
That's why she's grounded for the moment on her way to Tampa, where she's scheduled to give a speech to 1,000 people the next morning. In this twilight March moment, waiting for word from The Chairman, there was no better encapsulation of the power shift that had taken place in Washington: President Bush's trade ambassador, yellow legal pad on lap, faux quill pen in hand, surrounded by a handful of aides, hoping for Charlie Rangel to call.
~snip~
Despite the sea change, Schwab understood that top Democrats didn't want to be branded the "party of protectionism." Rangel, in particular, was open to finding a way forward. With 36 years in the House behind him, the Harlem Democrat had finally achieved his lifelong dream of running the House Ways and Means Committee and was eager to leave his imprint.
So Schwab marched up to Capitol Hill after the election and offered one word for virtually all of Rangel's conditions: yes. Yes to international labor standards, yes to environmental standards, and, later, yes even to softening drug company patents to let more generic drugs flow abroad.
"We're prepared to concede - just give it to them," she told me a couple of months later in March, after her airport tête-à-tête with Rangel was complete and our plane to Tampa was lifting off the runway. "It's a huge victory for Charlie Rangel and the Democrats, if they choose to take it. The question is, Does Nancy Pelosi want the Democrats to be the party that killed trade?"
At this point Schwab still hadn't met with Pelosi. They did cross tracks at the Four Seasons salon in Georgetown - Schwab in hair foils, Pelosi getting a manicure - but beyond congratulating the new House Speaker, Schwab didn't do her trade pitch.
"You don't want to take advantage of someone when their nails are still wet," she said with a laugh.
~snip~
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