Gordon Brown is to warn Barack Obama not to introduce "protectionist" trade policies after the President-Elect moves into the White House.
In a speech, the Prime Minister will urge Mr Obama to form a "pact" with the world and not introduce new tariffs or rules to prevent other countries trading with America. The warning comes amid fears that the Americans will introduce new rules to boost their own industries as the global recession takes hold.
The British Government has also made clear to the incoming administration that the President-Elect should not rely on British troops to support his proposed "surge" against the Taliban in Afghanistan.
Lord Mandelson, the Business Secretary, has also used a speech in London to accuse Democrats in Congress of being "isolationists" who will try to push the president-elect into closing the US economy to trade.
Looks like Gordon Brown and the UK Labour Party, who should be the president-elect's biggest ally in Europe, are going to be playing hardball after being alarmed by his rhetoric during the primaries. Another blow to Obama will come when Gordon Brown will warn Obama that the British military can not bear the burden of committing greater forces to Afghanistan. Hopefully Obama can work with Britain so as not to tarnish the good relationship the two countries share.
Protectionism comes in all forms, depending on who's 'getting protected'.
I see protectionism exploding as those in charge scramble to save their share of the duckets. Free markets are Good even if it means the exportation of jobs and our manufacturing base, but bad if those at the top made extremely foolish bets and need govt. bailouts.
You're in Easy Mode. If you prefer, you can use XHTML Mode instead. |