Trade Barriers Rise as the Recession's Grip Tighten »

Posted By engineer 9 months, 1 week ago in News

After repeated pledges by world leaders to avoid erecting trade barriers, protectionism is on the march, provoking nasty trade disputes and undermining efforts to plot a coordinated response to the deepest global economic downturn since World War II.

Read Full Story at nytimes.com »

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engineer

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My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...

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    Wolfie20079 months, 1 week ago

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    The problem with trade with Mexico has nothing to do with the recession and everything to do with Obama's not living up to the agreement between the US and Mexico.

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      beavith19 months, 1 week ago

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      an uncharacteristically spot-on story by the NYTimes.

      will wonders never cease?

      wolfie. the point is, each country is using their own reason to retaliate. the mexican gov't has been tryng to get their truckers the same kind of access to the US that the canadians have enjoyed for years.

      it could just be bad timing that they retaliate now. i don't believe either.

      what we have is global brush fire trade wars. as we see in australia or southern california, brush fires can get out of control.

      seeing that a wide spread trade war was what kicked us (the whole world) into a depression in the 1930s, even the talk of trade war NOW is doubly frightening.

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