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Strategies & Market Trends : Fascist Oligarchs Attack Cute Cuddly Canadians -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (257)11/10/2001 10:47:25 PM
From: Snowshoe  Read Replies (1) | Respond to of 1293
 
The lamb quota was against both Australia and New Zealand, so I don't think the yacht race has much to do with it... siliconinvestor.com

I would attribute the quota to old-fashioned internal U.S. politics. Australia and New Zealand were obviously guilty of putting narrow international free-trade concerns above the broader U.S. national security interest of maintaining a local supply of lamb and wool. <ggg>



To: Raymond Duray who wrote (257)11/10/2001 10:56:37 PM
From: Bilow  Read Replies (1) | Respond to of 1293
 
Hi Raymond Duray; Re: "[Maurice's] comments about Americans being so small-minded as to boycott New Zealand because of your infinite luck at silly sailing sessions is probably closer to the truth ..."

Actually, the truth is that very few Americans know anything about Canadian lumber or New Zealand llamas. These trade actions are being orchestrated by small groups that have big profits at stake. Before the WTO we had these problems, it's hardly a surprise that after WTO we still have them. What's different is that now the foreigners are probably a bit more likely to come out with a fair deal in the end. Before they'd have just been simply shut out.

The vast majority of Americans would prefer to have cheap wood available. Very few of us have any advantage of expensive wood. Only a few land owners and the (very tiny) forestry industry has anything to do with this.

An example of a US company using the law to prevent a foreign company from exporting to the US, but then eventually losing the suit is Micron, who tried to get Asian DRAM shut out of the US. The result was that while the US did apply duties for a while, the companies later got their duties back, with interest. Along the way, the Taiwanese sued the US for Micron's allegedly dumping DRAM in Taiwan. I suggest that the Canadians look around for US wood products to accuse the US of dumping.

-- Carl

P.S. The Micron / Taiwanese brouhaha can be looked up in these links: #reply-16188132 #reply-16283545 #reply-16283907 #reply-16283927 #reply-16283954 #reply-16288203

I'm not much of an expert on trade law, so I'm going to leave this issue alone.