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Article: Steel Trap: How Bush could harm free trade.(protection of US steel industry)(Industry Overview)
- Article from:
- National Review
- Article date:
- July 9, 2001
- Author:
CopyrightCOPYRIGHT 2001 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Since taking office, President Bush has repeatedly voiced strong support for free trade-often in stirring terms. In a May 7 speech before the Council of the Americas, for example, he declared: "Open trade is not just an economic opportunity, it is a moral imperative." Yet not quite a month later, on June 5, the president announced that he was initiating a "Section 201" investigation that could end up imposing comprehensive import quotas on foreign steel. Whatever happened to that moral imperative?
The sausage grinder of domestic trade politics, that's what. The Bush administration has mapped out an ambitious agenda of trade negotiations: at the bilateral level, ...