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  • Trading with the 'Enemy'

    10/20/2003 11:59:40 AM PDT · by Paul Ross · 8 replies · 245+ views
    Center For Security Policy ^ | 8/12/2002 | Frank Gaffney, Jr.
    Decision Brief No. 02-D 40 2002-08-12 TRADING WITH THE ‘ENEMY’ (Washington, D.C.): As America grapples with a two-front challenge -- the global war on terror and the need to reinvigorate the U.S. economy -- its leaders are hoping that expanded international trade can help solve both problems. Unfortunately, if the machinations of the Chinese conglomerate Hutchison Whampoa are any indicator, an indiscriminate approach to trading with potential enemies could cost the United States dearly on both fronts. Recent debates over granting President Bush Trade Promotion Authority (TPA), according Communist China permanent "Normal Trade Relations" status and permitting taxpayer subsidized trade...