DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - US Fires Opening Salvo In Trade Wars With China

**HedgeYourBets** · 10-09-2009, 05:31 PM

Hopefully Obama won't cave to the pressure to enact another Smoot-Hawley Tariff Act... That would hurt the world economy.

Though it's not surprising to see pressure for passing protectionist laws in a recession (that, as it seems, it's starting to end).

10-09-2009, 05:31 PM	#2
HedgeYourBets Join Date Aug 2008 Posts 4,655 Senior Member	Hopefully Obama won't cave to the pressure to enact another Smoot-Hawley Tariff Act... That would hurt the world economy. Though it's not surprising to see pressure for passing protectionist laws in a recession (that, as it seems, it's starting to end).
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