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To: grumpa
I'd like to add another.

(6) He's said he wants to "renegotiate NAFTA" and is opposed to the free trade agreement with Columbia. The affects of such a protectionist trade policy could be the similar to that of the Smoot-Hawley Tariff of 1930.

18 posted on 11/27/2008 3:29:31 PM PST by raisetheroof ("To become Red is to become dead --- gradually." Alexander Solzhenitsyn)
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To: raisetheroof

the biggest danger is actually trade action against China. They hold a lot of our debt (which Obama wants to expand) and if they get ticked off, they may retaliate against taiwan. And then it could get really ugly.


21 posted on 11/27/2008 4:49:57 PM PST by ari-freedom (Thank you for everything!)
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