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Obama wants to avoid 'trade war'

American said:
There's a reason for that. It's so in time of war, we don't have to count on fools in Europe for our tank and airplane parts. BTW, do you drive an American car?
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What exactly is an American car.
 
Yes, protectionism and trade wars did lead to a little thing called the Great Depression. Enacting protectionist policies will induce other countries to do the same....up here in Canada there has already been talk of limiting US' access to our power sources (which they depend on) if faced with trade restrictions that go against NAFTA and kill part of our economy.
 
Maximus Zeebra said:
Yeah, because for once I explained something in simpleton terms.? :confused:
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No, because your natural bias caters to what is beneficial to the EU. People do not trade unless it is mutually beneficial in doing so:2wave:
 
Maximus Zeebra said:
BBC NEWS | Business | Obama wants to avoid 'trade war'

Yikes.. At this day and age a trade war between Europe and the US would be disastrous and carry long term ill effects and possibly be another nail in the already pretty nailed up economic coffin of decline.

Who the hell came up with that silly "buy American" clause anyways? What a fool!
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Do you support your side dropping their illegal ban on American and Canadian beef?
 
Goldenboy219 said:
No, because your natural bias caters to what is beneficial to the EU. People do not trade unless it is mutually beneficial in doing so:2wave:
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My natural bias caters always what the best solution is, not the EU, not my home country, not some other country, not the US.. Just the best solutions, even if that means its Russian, North Korean, or Ethiopian solutions :wow:
 
Ikari said:
Do you support your side dropping their illegal ban on American and Canadian beef?
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Yeah, but the ban wasnt illegal, it was because of worries about mad cow and mouth diseases of those particular animals. There is also several countries in Asia that have banned north American beef. As long as it complies with EU safety regulations on meat then I do not care where it comes from, and I personally think very highly of American beef, and less so of European beef in general, except perhaps Spanish beef.

Personally I think its time to lift the ban, there arent really any large outbreaks of diseases in the US anymore as far as I know.
 
Maximus Zeebra said:
Yeah, but the ban wasnt illegal, it was because of worries about mad cow and mouth diseases of those particular animals. There is also several countries in Asia that have banned north American beef. As long as it complies with EU safety regulations on meat then I do not care where it comes from, and I personally think very highly of American beef, and less so of European beef in general, except perhaps Spanish beef.

Personally I think its time to lift the ban, there arent really any large outbreaks of diseases in the US anymore as far as I know.
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According to the WTO, which ruled it illegal, it's illegal. The EU simply ignored the WTO and has filed an appeal. It is protectionism and overreaction; nothing more. If you're going to blame the US for protective measures that could harm global economy; you have to levy that charge at all even the EU when it acts improperly.

And there were never large outbreaks of mad cow in the US beef market.
 
Ikari said:
According to the WTO, which ruled it illegal, it's illegal. The EU simply ignored the WTO and has filed an appeal. It is protectionism and overreaction; nothing more. If you're going to blame the US for protective measures that could harm global economy; you have to levy that charge at all even the EU when it acts improperly.

And there were never large outbreaks of mad cow in the US beef market.
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Well, I am actually against the ban, for your information. I just want safe food.

"buy American" doesnt in itself hurt the global economy, but its the first step of a trade war that we do not need.
 
Maximus Zeebra said:
Well, I am actually against the ban, for your information. I just want safe food.

"buy American" doesnt in itself hurt the global economy, but its the first step of a trade war that we do not need.
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It was never a question of safety. The WTO report proved that. It was/is about protectionism. It's no different than "buy America". But you seem much more harsher on the American side than you are the European side. In fact, the ban on American beef has caused many tariffs against European goods. So while you can say "I'm against the ban" you add that you want safe food; which isn't the issue at hand and never was the issue when it came to American and Canadian beef. Plus the ban against American beef had started a bit of a trade war with us. You should be equally spoken out against and condemning of the EU American beef ban as you are the "buy American". If you want to be fair that is.
 
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Ikari said:
It was never a question of safety. The WTO report proved that. It was/is about protectionism. It's no different than "buy America". But you seem much more harsher on the American side than you are the European side. In fact, the ban on American beef has caused many tariffs against European goods. So while you can say "I'm against the ban" you add that you want safe food; which isn't the issue at hand and never was the issue when it came to American and Canadian beef. Plus the ban against American beef had started a bit of a trade war with us. You should be equally spoken out against and condemning of the EU American beef ban as you are the "buy American". If you want to be fair that is.
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I dont really know the case that well, but I assumed it was because of safety reasons, since the much more public south korean ban on US meat got a lot of attention, and this being related to food safety I believe. But if its nothing to do with food safety than its equally bad, actually worse in some ways than the "buy American" thing.
 
The EU was sued by the US in the WTO, the WTO found that there was no health basis for the ban and that the claims of the EU against American/Canadian beef were unfounded and lacked any evidence. Thus the WTO ruled the ban illegal. The EU did not revert its ban (the US reverted its steel tariff when the EU sued the US in the WTO over it) and has filed appeal.
 
Ikari said:
The EU was sued by the US in the WTO, the WTO found that there was no health basis for the ban and that the claims of the EU against American/Canadian beef were unfounded and lacked any evidence. Thus the WTO ruled the ban illegal. The EU did not revert its ban (the US reverted its steel tariff when the EU sued the US in the WTO over it) and has filed appeal.
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Then it is truly bad. And I would think personally there is no health issues with it, and have no issues with eating American beef, which I believe is of very good general quality and would be happy to be able to buy.
 
TOJ said:
I don't remember saying anything about the WTO and outsourcing.
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You made the claim of trade barriers and how it would be horrible. WTO and outsourcing took down a lot of trade barriers.


The only thing the Buy American first act does is make sure that only American made steel is used for federal tax payer funded infrastructure projects. This does not ban private companies who are doing business for private companies from buying EU products.

American exporters in last-ditch attempt to stop Obama raising the trade barriers - Times Online
A coalition of leading American exporters, including Boeing, Caterpillar and General Electric, is trying to stop a “Buy America” clause being included in President Obama’s $825 billion stimulus package.

The American Steel First Act would ensure that only US-made steel was used in $64 billion of federally funded infrastructure projects.
 
DarkWizard12 said:
Buying american products hurts America?
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The US economy is roughly dependent upon trade for 11% of that $13 trillion.

Want to start a trade war? Want to know just how many jobs are going to lost from mere indirect fallout?

A trade war was one of the reasons why the stock market crash of the '29 turned into a massive depression.
 
DarkWizard12 said:
Zomg! I shouldn't buy American sweaters because some european country will get mad and not trade with us! Oh Noez! :roll:
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A little different. In one instance the market is closed to competitors goods and services, which will result in an increase in prices. It also sets a trend for the EU let's say to exclude US companies from EU infrastructure projects.

In your instance it's an individual decision. Individual decisions,, trillions of them, shape the market except for when the government intervenes... like in mortgages... or closing off an entire slew of competitors as Obama so foolishly put forth.

Having such a rookie at the helm, one with no private sector experience and naive foreign policy is going to be costly on so many fronts. I hear the only cuts to be proposed in spending is with the military, when we're at war. Not surprising.
 
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obvious Child said:
The US economy is roughly dependent upon trade for 11% of that $13 trillion.

Want to start a trade war? Want to know just how many jobs are going to lost from mere indirect fallout?

A trade war was one of the reasons why the stock market crash of the '29 turned into a massive depression.
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And about 50% of GDP is completely dependent of those 11% again, and the rest, 98% on all that again..
 
Maximus Zeebra said:
BBC NEWS | Business | Obama wants to avoid 'trade war'

Yikes.. At this day and age a trade war between Europe and the US would be disastrous and carry long term ill effects and possibly be another nail in the already pretty nailed up economic coffin of decline.

Who the hell came up with that silly "buy American" clause anyways? What a fool!
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I f I could buy `nothing but American` I surely would, unfortunately I can buy almost nothing made in America due to un-fair trade . Zebra...you are a pile of EU dung. I want a trade war , this other trade package isn`t working out well for the American worker.
 
Rodney said:
I f I could buy `nothing but American` I surely would, unfortunately I can buy almost nothing made in America due to un-fair trade . Zebra...you are a pile of EU dung. I want a trade war , this other trade package isn`t working out well for the American worker.
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That is moronic. Any economist worth his salt will tell you that trade barriers harm ALL nations involved. That includes left-wing economists, right-wing economists, and just about everyone in between.

But hey, why trust economists when we can trust your knee-jerk nationalism? After all, book-readin' folks are involved in a conspiracy against REAL Amurkans.
 
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Kandahar said:
That is moronic. Any economist worth his salt will tell you that trade barriers harm ALL nations involved. That includes left-wing economists, right-wing economists, and just about everyone in between.

But hey, why trust economists when we can trust your knee-jerk nationalism? After all, book-readin' folks are involved in a conspiracy against REAL Amurkans.
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Dayton ,Ohio used to be over-run with American workers. Now your economists have succeeded in placeing your neighbors at the top of home repos and unemployment ranks. Nice try rooky, and welcome to the world of "junk economics sciences"...comeing to a book store near you.
 
Rodney said:
Dayton ,Ohio used to be over-run with American workers. Now your politicians have succeeded in placeing your neighbors at the top of home repos and unemployment ranks. Nice try rooky, and welcome to the world of "junk political sciences"...comeing to a book store near you.
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There we go, i fixed it for you:2wave:
 
Rodney said:
Dayton ,Ohio used to be over-run with American workers. Now your economists have succeeded in placeing your neighbors at the top of home repos and unemployment ranks. Nice try rooky, and welcome to the world of "junk economics sciences"...comeing to a book store near you.
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You're an idiot. Foreign trade policy is determined nationally, not city-by-city.
 
Rodney said:
I f I could buy `nothing but American` I surely would, unfortunately I can buy almost nothing made in America due to un-fair trade . Zebra...you are a pile of EU dung. I want a trade war , this other trade package isn`t working out well for the American worker.
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I agree.**** the EU,**** china, **** India. We can not be just a nation of concumers and service industries. It is because of the anti-American scum in office tossing the salad of globalist companies that encouraged these companies to leave and made it extremely hard for anyone to set up shop here in the US.
Dayton ,Ohio used to be over-run with American workers. Now your economists have succeeded in placing your neighbors at the top of home repos and unemployment ranks. Nice try rooky, and welcome to the world of "junk economics sciences"...coming to a book store near you.
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Don't mind Kandahar, he is an globalist/anti-American who also thinks we should allow companies to hire illegal. Basically any economist who agrees with him is a good economist(globalist/anti-American) and any economist who doesn't is lousy.
 
obvious Child said:
The US economy is roughly dependent upon trade for 11% of that $13 trillion.

Want to start a trade war? Want to know just how many jobs are going to lost from mere indirect fallout?

A trade war was one of the reasons why the stock market crash of the '29 turned into a massive depression.
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Requiring that American made steel be used for federally tax payer infrastructure projects is not a tariff increase, nor does it increase tariffs on products nor does it ban private companies that are doing work for private companies from not using foreign made steel.
 
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