TRADE

Bentsen Stumps for NAFTA: Treasury Secretary Lloyd Bentsen, launching the Clinton Administration’s campaign for passage of the North American Free Trade Agreement, told a meeting of business leaders in downtown Los Angeles that the proposed pact would create 200,000 jobs across the country over the next two years by expanding demand for American goods in Mexico, Canada and the Pacific Rim. Bentsen predicted the measure will win congressional approval this fall and be in place by 1994. He said failure to ratify the pact would jeopardize many of the 700,000 U.S. jobs linked to trade with Mexico.