Could "Buy American" Rule Spark Trade War?
Some Businesses Fear Clause In Economic Stimulus Package Could Hurt Their Exports
Steel - the so called "backbone of America" - is suffering. The credit crisis has hit the industry hard. Steel plants across the country are hanging on until the new stimulus package kicks in with its over $100 billion for building things like highways, bridges, and power grids, and its promise to get workers back into their hard hats.
The package Congress passed this week includes a "buy American" clause that the steel industry fought hard for. ...
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