WKYT | Lexington, Kentucky | News

U.S. trading partners warn of protectionism

WASHINGTON (AP) - Canada and the European Union are complaining
loudly, warning that protectionist moves by Congress could poison
global trade relations.
Businesses abroad complain they've already been shut out of U.S.
markets because of the "Buy American" provision in the massive
stimulus bill, which requires the use of American-manufactured
products.
EU and Canadian officials are expressing concern that the
practice is widening, as Congress considers adding similar
provisions to other spending bills.
Supporters of the provisions say they want to make sure that the
billions of taxpayer dollars being spent to revive the economy
create jobs at home, especially with the unemployment rate at its
highest level in 25 years.


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