Quote:
Originally posted by moe.ron
That is one of the reason. THe other reason is that if Asia and Europe retaliated, they would have gone after sensitive electorates. If you look at the propose sanctions products, it would not work for the Bush campaign next year.
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That was an awful threat which I brought up before but at the end of the day if any and every country would like to go punch for punch with America, their economy will be completely destroyed much quicker than America's will. The threats China made were hilarious considering the fact that we import more than they do by far and if boths sides put tariffs on everything, America would still be far ahead.
U.S. manufacturing units simply have much larger lobbies than U.S. steel does. Minimills do not collaborate with big steel since they're competing with them actually and much of the steel production in the country is done through minis thus big steel is.
-Rudey
--The U.S. should have destroyed Schroeder during his election via a recession since Europe seems so bent on pursuing such threats.