Protectionism goes against free trade
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Economics textbooks advocate free trade to benefit all in the global trade regime on the basis that free trade will push the advantages of world economies to the full.
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LOS ANGELES - 09/09/04 - For the third time in as many weeks, the World Trade Organization has handed down decisions against US ruling against US anti-dumping and cotton subsidy policies, and rejecting Washington&#39;s appeal of an earlier ruling upholding
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European aircraft maker Airbus on Thursday criticised a US move to take a fight about subsidies to the World Trade Organisation (WTO), saying it showed its rivalâs unwillingness to address its own subsidies.
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Trade, apart from peace and prosperity, is always held up as the great EU success story. If only the EU could get its act together in other areas, such as foreign affairs, it would be a global power, the argument runs.
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Sen. Hillary Rodham Clinton, the  Democratic front-runner in the U.S. presidential race, said on  Saturday she would oppose ratification of a free trade pact  with South Korea because it would harm the U.S. auto industry,  among other things.
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OTTAWA (CP) - Just a week before George W. Bush arrives in Ottawa, the federal government is warning of a possible trade war with the United States.
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U.S. Treasury Secretary Henry Paulson said on Tuesday trade protectionism was on the rise despite strong global prosperity and warned it was a potentially dangerous trend.
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Barring a late-hour change of heart by Democrats on Capitol Hill, President Bush tonight will lose his authority to negotiate new trade deals, the latest sign that a decades-old American campaign to expand world commerce is foundering in the face of public unease.
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The US textile industry officials would plead for blocking Chinese imports to the Bush administration this month. Earlier this year, the White House had rejected a similar request made by 130 Republican and Democratic members of Congress.
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Efforts to forge the world&#39;s largest free trade zone, uniting the European Union with the Mercosur South American economic bloc, face tough negotiations after a new EU offer received a frosty reception from across the Atlantic.
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Where critics see protectionism, others see hope of more sustainable commerce.
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The United States and South Korea began a third round of free trade talks in Seattle, hoping to make progress toward an accord that could be the biggest of its kind for the United States since the North American Free Trade Agreement went into effect in 1994. Critics from both countries planned demonstrations throughout the week, protesting what they characterize as an unfair bias in favor of multinational corporations with only token attention to issues like workersÂ rights and environmental protections. Wendy Cutler, the chief United States negotiator, is leading a team of more than 100 representatives from about 20 government agencies. South Korea sent 200 representatives.
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The first of several free-trade proposals facing this Congress is about to be passed. But it may well be the last &#13;&#10;
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A long struggle between the world&#39;s two largest aircraft-makers escalated into a new trade war between the United States and Europe, just as France&#39;s Airbus stepped up plans to challenge Boeing for lucrative US defense contracts.
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As the Bush administration races to push free-trade agreements with Colombia, Panama and South Korea through Congress before leaving office next year, it is meeting a level of resistance observers call high even by the normally contentious standards of such debates.
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BRUSSELS, Dec 10 (IPS) - A decision over the next head of the World Trade  Organisation may see developed  countries pitted against the  developing world.
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The country is split over a possible permanent trade deal with the US.