quarta-feira, novembro 12, 2003
Ainda Sobre a Recente Decisão da OMC
Artigo no OpinionJournal:
A study done earlier this year for the Consuming Industries Trade Action Coalition went further. It found that higher steel prices cost 200,000 American jobs and $4 billion in lost wages from February to November 2002. Those 200,000 jobs were more than the total number of people employed by the U.S. steel industry itself. That's one reason more than 200 companies and organizations representing steel-consuming and related industries sent Mr. Bush a letter last month begging for relief.
If the tariffs don't go, all this will only get worse. The European Union, Japan, China, Norway and others are already busy polishing their lists of U.S. goods on which they could impose big retaliatory tariffs. The lists are designed to inflict maximum economic and political pain, hitting popular products from key electoral states. The EU's short list includes T-shirts, fruit juices, toilet paper, pantyhose, notebooks, watches, ballpoint pens, rowboats and apples. EU Trade Commissioner Pascal Lamy made clear that within 35 days Europe would impose tariffs that could reach $2.2 billion. This would dwarf the ITC's $680 million estimate of damage already done.
The best solution is for the Administration to recognize the WTO decision for what it is: a golden opportunity. The U.S. economy is showing signs of recovery, but nothing is certain. By citing the verdict and dropping the tariffs now, Mr. Bush can further aid the economy, in particular one sector that is still struggling to get on board the recovery train: manufacturing. Along the way, he'll save other industries from big hits to their exports. And by complying with global trade rules, the U.S. will gain needed credibility in its attempts to get free-trade talks back on track.
posted by Miguel Noronha 11:30 da manhã
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