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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: The Vet who wrote (19666)11/22/2003 8:17:22 PM
From: philv  Respond to of 81125
 
Living up here in the frozen north (g), we are well aware that the US makes and breaks the rules. Canada, for example, is in a weak position to stand against unfair trade protectionist policies from the US. Canada's total exports are about 80% to the US, so a trade war would hurt Canada tremendously.

For example, one that I am familiar with is the lumber duties imposed by the US "fair" lumber coalition (lumber barons). They maintain Canada is subsidizing its forest industry, and have imposed crippling tariffs on finished lumber. However, they exempted raw logs, which are being exported to supply the American appetite without duties. How fair is that? Canada has taken the case to NAFTA, and has won every round so far, but no relief in sight.

So, you must take your medicine, swallow hard, and try not to rock the American boat.

And Oh, they are now targeting Canada's Agriculture industry. You never know when the rules will change, because this pressure group or the other, just like in the Steel industry, may succeed in lobbying for tariffs, especially pre election. There exists a kind of schizophrenic foreign policy, on one hand working for globalization, but on the other, not wanting to accept its adverse consequences.