Saturday, January 31, 2009

"US-EU Trade War Looms"

And, so, it starts. Fast on the heels of profligate & stupid follows the EU's certain reaction:

"The EU trade commissioner vowed to fight back after the bill passed in the House of Representatives late on Wednesday included a ban on most purchases of foreign steel and iron used in infrastructure projects."

Hope n change acts a lot like unintended consequences.

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