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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (8185)9/5/2001 12:30:42 PM
From: marcos  Read Replies (1) of 74559
 
This sort of Corn Laws/Smoot-Hawley protectionist shot across the bow of world trade beginning with the attack on canadian softwood lumber producers bodes ill for the economic near future, as by gouging its domestic consumers in this fashion the US is damaging housing, which has held up quite well to this point ... i am amazed at the lack of discussion on this issue, no one seems to notice, outside of a few Washington lobbyists for the timber barons and the half of the principal industry of this province which is currently unemployed due to the recently imposed 'tariff' ... there is a thread on the question here - Subject 51596

There must come, and there will come, a vigourous canadian response to this hypocritical attempt at theft - if two nations so closely and for so long allied cannot engage in free trade, what future has world trade anywhere?
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