Tuesday, February 3, 2009

International Obamalove Fades After EU Throws Fit Over "Buy American" Plan

The European Union warned the United States yesterday against plunging the world into depression by adopting a planned “Buy American” policy, intensifying fears of a trade war, according to the UK's Times Online.

The EU threatened to retaliate if Congress forged ahead with sweeping measures in its $800 billion stimulus plan to restrict spending to American goods and services.

Obama tonight gave a strong signal that he would remove the most provocative passages from the Bill.

Read it.

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