"Buy American" Plan

[pioneer]

The EU and Canada have warned that a clause in the US economic recovery package could promote protectionism.

The "Buy American" clause seeks to ensure that only US iron, steel and manufactured goods are used in construction work funded by the bill.

The EU ambassador in Washington said that if approved, the measure would set a "dangerous precedent".

The $800bn (£567bn) rescue plan package is under discussion in the US Senate this week. - source: BBC

[Lorenzo]

This rescue plan should be extinguished. Let the people ride the market. Let the free market solve the problem in due time.

Government is getting too big.