Iron sides. (Trade Talk).When U.S. President George Bush imposed tariffs on imported steel, he tried to soften the regional impact to keep the Free Trade Area of the Americas The Free Trade Area of the Americas (FTAA) (Spanish: Área de Libre Comercio de las Américas (ALCA), French: Zone de libre-échange des Amériques (ZLÉA), Portuguese: Área de Livre Comércio das Américas (FTAA FTAA Free Trade Area of the Americas FTAA Free Trade Agreement of the Americas FTAA Florida Turkish American Association FTAA Federated Tanners Association of Australia FTAA Fixed Threshold Adaptation Algorithm ) alive. But the exemptions may not be enough. In Brazil, which does about US$2 billion in steel trade with the United States annually, support for FTAA talks got shakier. "Our main partner is playing in a disloyal manner, using demagoguery Demagoguery Hague, Frank (1876–1956) corrupt mayor of Jersey City, N. J., for 30 years. [Am. Hist.: NCE, 1173] Long, Huey P. (1893–1935) infamous “Kingfish” of Louisiana politics. [Am. Hist. and showing intransigence in·tran·si·gent also in·tran·si·geant adj. Refusing to moderate a position, especially an extreme position; uncompromising. [French intransigeant, from Spanish intransigente : , incomprehension in·com·pre·hen·sion n. Lack of comprehension or understanding. incomprehension Noun inability to understand incomprehensible adj Noun 1. and provincialism pro·vin·cial·ism n. 1. A regional word, phrase, pronunciation, or usage. 2. The condition of being provincial; lack of sophistication or perspective. Also called provinciality. 3. ." --Roberto Gianetti da Fonseca, Brazil's Foreign Commerce Chamber (Estado de S. Paulo) "I take this action ... recognizing the harm from 50 years of foreign government intervention in the global steel market." --U.S. President George W. Bush (AP) "It's going to freeze investment in the construction of new steel facilities in the country." --Jose Armando de Figueiredo Campos, vice president of the Brazilian Steel Institute (Folha de S.Paulo) "I would be very surprised if Brazil were amenable to serious FTAA negotiations, much less taking a leadership role." --William Barringer, lawer for Brazil's biggest steel makers (Bloomberg News) "To sustain the support for free trade, we have to be willing to help some of the victims of unfair trading practices." --U.S. Trade Representative Robert Zoellick (Business Week) "There is a danger of an insidious populism in the form of industrial protectionism." --Eliane Cardosao, Georgetown University professor (Financial Times) "It is impossible to say if we will be ready to take a leadership position in [FTAA] negotiations." --Rubens Barbosa, Brazil's US ambassador (Bloomberg News) |
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