Thursday, July 16, 2009

U.S. in Tight Spot on Trade .

From Wall Street Journal
I would recommend this article to read because a trade policy is one of the main policies for the administration these days. Through this article, we can recognize that Obama administration supports the free trade, rather than protective trade. Also, Obama government wants to recover an amount of trade for agriculture and manufacutred goods before outbread H1N1 influenza virus which is also called Swine Flu. The way to press other countries which bans American products such as China and Russia is to try to change their policies, rather than directly threatening tariffs or other commercial penalties. Obama administration is also following a course of previous administrations. That is, he persuades other countries with such strategy; exports and jobs for both countries will boost if they open his market.

No comments:

Post a Comment