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Politics : HOWARD DEAN -THE NEXT PRESIDENT?

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To: MulhollandDrive who wrote (446)11/18/2003 9:29:44 PM
From: Lizzie Tudor  Read Replies (1) of 3079
 
Just from today- ONE DAY in the life of Bush's mouth. A good negotiator gets this done without a complete currency collapse.

An International Monetary Fund senior advisor for Asia, Steven Dunaway, called the quotas "a big risk in the current environment" and one that could prompt Chinese retaliation.

"Concerns over U.S. protectionism in terms of trade and the announcement today that they were implementing some textile tariffs, sent the market reeling," said Hugh Walsh, vice president of foreign exchange at Fortis Bank in New York.

Word of the quotas caused the dollar to get battered against all major currencies on fears of growing U.S. protectionism with China, which operates a huge trade surplus against the United States.

biz.yahoo.com

US firms told 'take UK jobs home'
Robert Lea, Evening Standard
18 November 2003

GEORGE Bush's administration has called on US companies in Britain to relocate jobs to America in an astonishing move that could trigger a major trade war.

US-based multinationals have been told they will receive compensation from American trade authorities if they cancel contracts in Britain and take jobs home, according to CBI director-general Digby Jones.

thisislondon.com
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