Arnold Kling

The Trade Representative Speaks Out

Arnold Kling, Great Questions of Economics
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I thought that U.S. trade representative Bob Zoellick should have resigned in protest when President Bush approved steel tariffs. But that's not the way one of President Clinton's former trade representatives sees it. In fact, the Democrats' only complaint about the tariffs is that they wanted them to be higher.

Discussion Question. Kantorwould have us believe that the tariffs will be a bargaining chip that we can use in trade negotiations. But are other countries likely to react by offering to reduce trade barriers or by creating their ownl "bargaining chips"?

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