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Reports on the approval of the United States-Australia Free Trade Agreement by the U.S. House on July 14, 2004. Percentage of U.S. exports of industrial goods to Australia that will be tariff-free; Position of labor unions and agricultural groups on the pact.

Reports on the amendment that would allow the U.S. Senate Finance Committee to veto any administration decision to waive provisions in the trade agreement that were designed to put on a seize when Australian beef imports reach certain price or volume levels. Response of U.S. President George W. Bush and Finance Committee Chairman Charles Grassley to the amendment; Legislation sent by the House Ways and Means Committee.