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Home | Wire | Steel Tariffs Worked, Says Bush Administration

Steel Tariffs Worked, Says Bush Administration

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Robert B. Zoellick, US trade rep., is quoted in the  Washington Times: "Frankly, the safeguards gave the industry an opportunity to do what we hoped it would do." Meanwhile, Zoellick is the leading advocate of "trade liberalization" with the rest of world, which amounts to demanding that other countries open their border to US imports and investment even as the US shuts its borders to competitively priced goods. Undiscussed: how much money is the Bush machine  raking in from victimized producers who depend on steel as it contemplates whether to comply with the WTO ruling against tariffs?

 

Jeffrey Tucker is Editorial Director of the American Institute for Economic Research. He is author of It's a Jetsons World: Private Miracles and Public Crimes and Bourbon for Breakfast: Living Outside the Statist Quo. Send him mail.

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