Responding to criticism of the Buy America clause in the $900 billion stimulus package, the President said he was eager to avoid being protectionist. After a flurry of European criticism concerning a ‘Buy America’ clause contained in the almost $900 billion stimulus plan, US president Barack Obama said that he is keen to avoid a trade conflict.
“I think it would be a mistake though, at a time when worldwide trade is declining, for us to start sending a message that somehow we’re just looking after ourselves and not concerned with world trade,”
STORY HERE
0 Responses to “Obama Keen To Avoid ‘Trade War’”