Bush protecting the American people from subsidized foreign products:
March 30 (Bloomberg) -- "The U.S. Commerce Department, reversing more than two decades of practice, decided today to levy new duties on imports from China to compensate for Chinese subsidies to exporters."
And now Doha:
"When pushing for the new trade round, the United States had enthusiastically endorsed farm subsidy reductions, believing they would increase U.S. exports. But the only hope of achieving meaningful cuts in agricultural subsidies lay in appealing to the basic principle that such payouts are wrong—that they are costly, inefficient, and a poorly targeted way to help farmers, with much of the money going to people who are already well-to-do. By working together with the few other countries that generally support free trade, such as Australia, it might have been possible to shame the Europeans into making some kind of deal. But when Bush signed a massive increase in U.S. subsidies right at the start of the trade talks, he lost all credibility."
Makes ya wonder.
Arf
Free trade and George Bush
