Home / International / Opinion Tools: Save | Print | E-mail | Most Read | Comment
'Buy American' sets dangerous example
Adjust font size:

When US President Barrack Obama endorses the Congress's massive economic stimulus bill loaded with a "Buy American" clause, he will set a dangerous example for the world.

The international trade environment might exacerbate rapidly amid rising protectionism and the global battle with the nose-diving economy -- which might become the worst since the World War II if the International Monetary Fund predictions come true -- could be prolonged.

As many governments pursued all reasonable means available in effort to reverse the downward trend, the specter of trade protectionism started to haunt. Quality standards and anti-dumping measures are being more frequently used these days to build up trade barriers.

The "Buy American" clause, if anything, has brought out in the open the US government's stance of curbing imports to retain jobs and demand on home turf.

Yes, the wording of the final provision was softened by including language that required the US to implement the clause consistent with its trade commitment. But the watered-down wording happened to reflect the tough balance the government might barely strike between protecting domestic manufacturing and avoiding retaliation from major trade partners.

Nearly two years after the outburst of the Wall Street sub-prime crisis, de-globalization has evolved into a significant menace to the current world economy. It seems the sentiment of sweeping the snow from one's own doorsteps and shifting troubles to others has gained popularity among politicians.

The "Buy American" provision may start a bad trend that gives more countries excuses to throw out restrictions and build up trade barriers.

President Obama's endorsement would indicate that in front of the unprecedented financial crisis, the US government -- pilot of the world's biggest economy and long-time advocate of free trade -- lacked the sincerity to tide over the tough times with the rest of the world.

By wielding its "Buy American Law" when the economy was difficult, the US government showed its skills and seasonedness in the use of international trade rules and its prime objective to securing national interests from cultivating global trade arena.

1   2    


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related
- 'Buy American' meets formidable challenge
- 'Buy American' provisions to hurt U.S. economy, lead to trade war
- 'Buy American' call can't create many jobs
- 'Buy American' provisions bad for jobs
- Canada still concerned about "Buy American" policy
主站蜘蛛池模板: 国产精品亚洲二区在线观看| 孕妇被迫张开腿虐孕| 亚洲国产成人资源在线软件 | 久久综合久久鬼色| 欧美国产日本高清不卡| 亚洲精品视频久久久| 真实国产老熟女粗口对白| 国产va免费精品观看精品| 成年黄网站色大免费全看| 国产精品婷婷久青青原| 91色综合综合热五月激情| 天天躁日日躁狠狠躁一区| 两领导在车上吃我的奶| 无码少妇一区二区浪潮AV| 久久精品一本到99热免费| 极品色天使在线婷婷天堂亚洲| 亚洲成人黄色在线观看| 漂亮人妻洗澡被公强| 伊人这里只有精品| 精品久久久久久成人AV| 又黄又大又爽免费视频| 色偷偷色噜噜狠狠网站久久| 国产人妖ts在线视频观看| 高清男的插曲女的欢迎你老狼| 国产成人综合精品一区| 日本精品www色| 国产真实系列在线| j8又粗又硬又大又爽视频| 国产精品成人无码久久久| 91欧美精品综合在线观看| 在线观看中文字幕2021| stoya在线观看| 夫醉酒被公侵犯的电影中字版| 一个色综合高清在线观看| 尤物国午夜精品福利网站| 一级成人理伦片| 性刺激久久久久久久久| 一级做a爰片性色毛片16美国 | 美女毛片一区二区三区四区| 四虎网站1515hh四虎免费| 色哟哟精品视频在线观看|