protectionist trade measures

4 Stories

House Votes to Sanction China Over Currency

Bill passes with big majority, but Senate prospects unclear

(Newser) - The House has approved legislation that would allow the US to seek trade sanctions against China and other nations for manipulating their currency to gain trade advantages. The 348-79 vote yesterday sends the measure to the Senate, where its prospects are unclear. Senate supporters hope to get a vote on... More »

'Three Amigos' Summit May Not Be So Amicable

Canada, Mexico both angry about Obama protectionism

(Newser) - President Obama is headed to Guadalajara today for his first "Three Amigos" summit with the leaders of Canada and Mexico, but the meeting may be less than completely friendly. Trade and drug trafficking will dominate the agenda, and the leaders have some grievances they plan to press, reports Reuters.... More »

Only Trade Can Rescue World Economy: Brown

'A banking crisis has become a trade crisis,' writes British PM

(Newser) - The banking crisis has stabilized, according to Gordon Brown, but a new calamity has replaced it: "a trade crisis" that is killing jobs in industrialized nations and exacerbating poverty in developing ones. Globalization has compounded the downturn, but it can also accelerate the pickup, the British PM writes in... More »

Ties to Corn Industry Shape Obama's Policy

Views on ethanol please agribusiness, not economists

(Newser) - Barack Obama trumpets corn-derived ethanol as an alternative energy source and has endorsed tariffs that benefit the industry. But the Times reports that many in the Obama campaign, from Tom Daschle to the candidate's top environmental adviser, have close ties to the corn industry—a kernel of the surprise victory... More »

4 Stories