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Obama Sends Trade Representative to Davos
by Rob Walker | February 2, 2009 at 06:47 am
75 views | 4 Recommendations | 1 comment
US President Barack Obama sent a trade representative to the World Economic Forum in Davos in an attempt to pacify countries who were calling the new US budget plan 'protectionist'. They argue the plan to 'buy American' will seriously hurt the global economy.
Obama sent Peter Allgeier to Davos, Switzlerland, to discuss the new legislation that would force officials to choose US companies when spending on infrastructure building.
Facing one of his first big diplomatic tests, U.S. President Barack Obama dispatched an official to the World Economic Forum in Davos, Switzerland, in an attempt to quell outrage from Canada and other countries over plans to make "buy American" a stipulation of the U.S.'s multibillion-dollar economic stimulus program.Peter Allgeier, the acting U.S. trade representative, used the annual gathering of the world's leading executives and policy-makers to assure his country's biggest trading partners that Mr. Obama understands concerns that the proposal could spark a trade war that would deepen the global recession.



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at 10:26 on February 2nd, 2009
How interesting. In Canada, there are many consumer-based movements that promote buying local, or "buying Canadian", of recent note the sustainable food advocates. Perhaps part of the problem is not buying American or Canadian or wherever, but rather restoring manufacturing jobs in countries that corporate-types deemed too expensive and too legislatively restrictive. In their profit-driven wisdom, they shut down factories and moved to countries with few if any labour laws, including occupational health and safety, as well as unenforced environmental standards. Thank you North American Free Trade Agreement (NAFTA). At least the European Union has tried to address employment standards and workers' rights. In the end, whatever we do, it's the developing countries we've exploited that will be hit the hardest.