Bush the anti-globaliser

摘要

Trade disputes between America and Europe have become as traditional as turkey and pumpkin pie. For the most part, they chunter along point-lessly, if irritatingly, but without severely damaging the health of the global trading system. Now, however, two newer sources of argument are likely to prove altogether more poisonous. The first is steel, with the Europeans preparing next month to retaliate against America's outrageous imposition of steel tariffs in March. The second is the monstrous farm bill that is about to be signed by George Bush, which will undermine any hopes of liberalising farm trade.