{"id":471353,"date":"2010-03-25T12:36:17","date_gmt":"2010-03-25T16:36:17","guid":{"rendered":"http:\/\/www.szone.us\/f95\/say-adios-obama-s-national-export-initiative-41373\/"},"modified":"2010-03-25T12:36:17","modified_gmt":"2010-03-25T16:36:17","slug":"say-adios-to-obama%c2%92s-%c2%93national-export-initiative%c2%94","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/471353","title":{"rendered":"Say ?Adios? to Obama\u0092s \u0093National Export Initiative\u0094"},"content":{"rendered":"<div>On 03.25.10 07:00 AM posted by Jim Roberts<\/p>\n<p>\n&lt;ahref=&quot;http:\/\/blog.heritage.org\/wp-content\/uploads\/Cargo_Cranes0902041.jpg&quot;&gt;<img decoding=\"async\" src=\"http:\/\/blog.heritage.org\/wp-content\/uploads\/Cargo_Cranes0902041.jpg\" border=\"0\" alt=\"\" \/>&lt;\/p&gt;The latest outbreak of creeping global protectionism is in Brazil, which announced March 8 that it intends to levy nearly USD$600 million in increased import duties on more than &lt;ahref=&quot;http:\/\/www.strtrade.com\/wti\/2010\/march\/17\/brazil_cross_retaliation_list.pdf&quot;&gt;100 products made in the U.S. &lt;ahref=&quot;http:\/\/www.strtrade.com\/wti\/2010\/march\/17\/brazil_cross_retaliation_list.pdf&quot;&gt;in retaliation for the United States\u0092 failure to comply with a World Trade Organization (WTO) ruling against its subsidies for cotton producers and exporters.<\/p>\n<p>According to \u0093&lt;ahref=&quot;http:\/\/www.strtrade.com\/wti\/search_article.asp?pub=0&amp;wti=yes&amp;asia=&amp;latin=yes&amp;s  earch=Brazil&amp;keyword_article=title&amp;starting_date=2\/24\/2010&amp;ending_date=3\/24\/2010&amp;company&quot;&gt;World Trade\\INTERACTIVE,\u0094 the Brazilian government also plans to impose the first-ever WTO-legal &lt;ahref=&quot;http:\/\/www.strtrade.com\/wti\/2010\/march\/17\/brazil_cross_retaliation_list.pdf&quot;&gt;cross-retaliation measures on U.S. intellectual property rights holders that could lead to more than USD$200 million in losses for U.S. companies in the pharmaceuticals, chemicals, biotechnology, and entertainment sectors.* To avoid the sanctions, the U.S. Government must settle the WTO case with Brazil before April 7.&lt;spanid=&quot;more-29766&quot;&gt;&lt;\/span&gt;<\/p>\n<p>The Obama Administration\u0092s much-ballyhooed \u0093National Export Initiative,\u0094 which is focused solely on exports and does not promote the two-way, cross-border trade and investment through which open economies have prospered, seems not to have impressed the Brazilians at all.* In fact, they announced the new tariffs just as U.S. Secretary of Commerce Gary Locke*&lt;ahref=&quot;http:\/\/www.economist.com\/business-finance\/displaystory.cfm?story_id=15656630&quot;&gt; arrived in Brasilia on a tour to promote exports in the USA\u0092s 10th largest foreign market.<\/p>\n<p>Meanwhile three already-negotiated Free Trade Agreements (with Colombia, Panama, and South Korea), FTAs that actually would increase American exports, sit in Washington\u0097un-pushed by President Obama and un-approved by Congress<\/p>\n<p><a href=\"http:\/\/blog.heritage.org\/2010\/03\/25\/say-tchau-to-obama%e2%80%99s-%e2%80%9cnational-export-initiative%e2%80%9d\/\" >http:\/\/blog.heritage.org\/2010\/03\/25\/&#8230;tive%e2%80%9d\/<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On 03.25.10 07:00 AM posted by Jim Roberts &lt;ahref=&quot;http:\/\/blog.heritage.org\/wp-content\/uploads\/Cargo_Cranes0902041.jpg&quot;&gt;&lt;\/p&gt;The latest outbreak of creeping global protectionism is in Brazil, which announced March 8 that it intends to levy nearly USD$600 million in increased import duties on more than &lt;ahref=&quot;http:\/\/www.strtrade.com\/wti\/2010\/march\/17\/brazil_cross_retaliation_list.pdf&quot;&gt;100 products made in the U.S. &lt;ahref=&quot;http:\/\/www.strtrade.com\/wti\/2010\/march\/17\/brazil_cross_retaliation_list.pdf&quot;&gt;in retaliation for the United States\u0092 failure to comply with a World [&hellip;]<\/p>\n","protected":false},"author":4292,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-471353","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/471353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4292"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=471353"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/471353\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=471353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=471353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=471353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}