US Flouting Global Trade Rules

November 1st, 2005 at 19:13 Björn Hallberg

Care to find something that the US is not flouting? It would be a challenge.
Hopefully this will aid in some small way in convincing the few allies and / or neutral countries that the US is problem that needs to be dealt with. Money is usually an area which people take very seriously. That is what the western world has come to. Ironically, this is probably where the US will get slapped, even though this is the least of their transgressions over the last century.

WAPO - When it comes to global trade, the United States is starting to act like a scofflaw — or so its accusers say.

In several recent cases, Washington has ignored the rulings of international trade tribunals or threatened that it will wield its economic power to keep such judgments from being enforced. These actions are evoking outrage among trading partners and arousing criticism that the United States, supposedly the leader in upholding the global trading system, is falling down on its responsibilities.

It is ironic that the US is breaking exactly the rules that they have been preaching to the world. I guess free market liberalism and globalization aren’t that amusing when they’re not going your way. Nor is it very amusing when supposed US puppet organizations like the WTO and NAFTA aren’t rubber stamping US demands.

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