Tuesday, March 19, 2002

In response to the Bush steel tariff, the Europeans are apparently considering politically targeted trade retaliation, targeting products of swing states, like Florida citrus, and of course the products of the steel mills that the Bush administration was trying to protect.

Well, fair's fair; our trade representative has now conceded that the steel tariff was itself domestic politics --- "We are committed to moving forward with free trade, but ... we have to manage political support for free trade at home. We have to create coalitions." He apparently did not explain why Bush needs to do impose punitive tariffs to defend free trade, but Bill Clinton didn't.

(European sanctions link via Nick Denton)\.


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