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Wonwoo C

Keeping Protectionism at Bay - 0 views

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    This is a NYT editorial article written in June addressing the issue of a looming trend of protectionism. The big trading nations' patience with the open market is wearing thin with the sluggish economic recovery. However, it is crucial that the world stays committed to the game with a sense of common purpose to survive the economic crisis. Protectionism brings disruptions of the international supply chains and reduce economic activity.
Noah F

Abandon protectionism: Beijing to US - 1 views

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    "China on Sunday urged Washington to stop pressuring Beijing as the US Senate prepares to vote on a controversial bill aimed at punishing the Asian nation for alleged currency manipulation." The U.S. government is very unhappy with China's dealings with their currency and policies regarding said fiasco. We are en route to passing a very controversial bill to reprimand China for its backhanded actions.
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    This article discusses an example of protectionism where a country (the US) might be just giving an unfair excuse in order to prevent imports
Nabil E

Protectionism beckons as leaders push world into Depression - 0 views

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    There is a risk of a double-dip recession because of the chronic lack of aggregate demand and the failure of the austerity packages provided by the European countries.
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    This article talks mainly about all the economical problems, especially deficits, between European countries and who is to blame for it. And what should we do? Well one statement was: "it will be only a matter of time before one or more countries resort to protectionism. That could, as in the 1930s, lead to a disastrous collapse in activity around the world," He definitely prefers free trade and thinks it is important to focus on a collaborative strategy, so countries should help each other out in these hard economic times instead of work against each other.
Javier C

Protectionism in Brazil: A self-made siege - 3 views

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    This article talks about how the self-developed protectionism (with a combination of tariffs and legislation in favor of domestic supply) of the brazilian economy is threatening its economy.
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    "According to the National Carmakers' Association, poor infrastructure and pricey credit and labour mean that making cars is 60% more expensive in Brazil than in China. Local manufacturers have long relied on high tariffs." I understand why Brazil wants to protect their car industry, however shouldn't it be time to look at why there is such high foreign competition, maybe if they would use the revenue the government earns from the tariffs, they could implement training programs or educational programs to increase workers productivity and therefore in the long run decrease the prices consumers have to pay.
Manuel R

UNFAO supports elimination of farming subsidies - 0 views

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    This article about UNFAO agrees with banning the subsidies for agriculture on the rich countries, due to the effects on trade. Subsidies is an example of protectionism.
Eleonora B

Nobody Should Be Fooled. It's Protectionism. - 4 views

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    The World Trade Organization's ruling this month against China's restrictions on the export of raw materials is a welcome decision that we hope will temper China's mercantilistic strategy, in which every policy decision is designed to favor Chinese exporters.
Noah F

China currency bill: America fights back - 1 views

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    This article is another one that describes the reasons for the controversial China currency bill that many US senators are trying to pass. While this bill has the right idea that the US needs to reduce the many imports from China, the reason being that China is undervaluing the yuan may just be an excuse.
Javier C

China Denounces Demand for High Tariffs on Solar Panels - 0 views

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    This article talks about how China is complaining for the protectionist measures being taken by the US government about the solar panels trade between those countries, by imposing a tariff on the imports of solar panels to the USA.
Esther F

Unnecessary trade treaty. - 0 views

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    Because of the protectionism surrounding the US, Columbia has taken to trading largely with China, which has boosted the Colombian economy. Now the US has decided on free trade with Colombia, even though Colombia no longer needs this as it has become independent of the US.
Nabil E

Free Trade Can Lift Labor Standards Abroad - 0 views

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    This article highlights a free trade deal between many south American countries and the united states which apparently will increase labor standards there.
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