'Buy American' Is Protectionist, Could Backfire

Summary


"Saying he couldn't understand why anyone would oppose it, Sen. Sherrod Brown defended a section of the stimulus bill that would require using American steel in all new projects financed by the measure." -- The Columbus Dispatch, Jan. 20

Couldn't understand why, huh? How about this:

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Extract


'Buy American' Is Protectionist, Could Backfire

- Because that kind of provision would encourage other countries to put such provisions in any stimulus packages they might adopt, thus freezing out American businesses...

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