Talk: of the trade war inevitable

Talk: of the trade war inevitable

March 13, 2009/Dong Xiucheng

At present, the sagging economic sluggishness in the world, States require the consumption demand to sustain economic growth, while most citizens the flagging national economy reason comes down to import foreign goods as a result of its poor sales of goods, which advocated restrictions on foreign goods.

This public opinion once accepted and put into national policy by the Government, it is protectionism in his, such as India restrict imports of Chinese toys, United States in the new policy of "purchase of United States goods" and "employ Americans" and limit imports of Chinese poultry meat products is currently the main signal of protectionism.

Has always touted free trade of the United States such an unwise move, shows that Obama is a last resort and obedient section of public opinion, but these policies inevitably lead to strong reaction in other countries, once the other countries to take tit-policy, it means that a new trade war was inevitable.

Next as Western economies is expected to continue weak, large range of trade protectionism on the rise, a global trade war will become a reality, and the consequent will delay the timing and pace of global economic recovery, trade war eventually there could be no so-called winners, injury to the will of all States.