Currently browsing;Protectionism
- Doha Round Still Unresolved
On Wednesday, 153 nations met to discuss the Doha Round, but left with little to no progress, states the Wall Street Journal. The Doha Round plan was created with a mission of opening rich-country markets to import food from the developing world. After eight years, little development has been made. Furthermore, issues such as the drop in [...] - Obama and Hu Jintao to Talk Trade Among Topics to Discuss
President Obama landed in China on Sunday to discuss some much needed topics with President Hu Jintao, according to Time magazine. One topic is trade. In recent months, trade issues has been heated between the two nations as both have thrown around the idea that each nation is participating in protectionism since the recession began. “They’re working through [...] - New European Trade Measure Not Caused by Protectionism
The New York Times reports that European exporters has been confronted with more than 223 new and restrictive trade measures since the beginning of the trade crisis last year, but has avoided protectionism. A new report out last Friday introduces the new trade measures issues by EU Commission and its trading partners. “Proliferation of the kind of beggar-thy-neighbor [...] - “European and North American Politicians Are Plotting the Biggest Trade Deal of the 21st Century”
According to CNN, EU and Canadian officials sat down in Prague to begin discussions on a new Free Trade Agreement. Let’s just say, discussions went well because if the other NAFTA countries sign in, this could be the ‘biggest trade deal of the 21st century.’ NAFTA-EU trade would contain nearly 1 billion people and account for $35.2 [...] - U.S Officials Meet In China to Talk Trade
Today, top trade officials from the United States and China will meet in Hangzhou to discuss trade relations between the two countries, according to Business Week. Recent tension has added some much needed topics to the table to discuss, particularly protectionism. Beginning in September, President Obama added 35% duties on China-produced tires. And earlier this month, the U.S. Government launch [...] - Protectionist or Pro-Free Trade?
Is President Obama a protectionist or pro-free trade? Both, according to a recent Los Angeles Times editorial. President Obama has been quoted as saying more jobs are created and costs are lowered in a free trade economy. But, the recent Stimulus plan angered many with the ‘Buy American’ clause attached to the plan. Recent news about the [...]
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