Election ’08 Who stands where on the issues that count
Nov 01, 2008 | 11:14 AM
The policy differences between presidential nominees Sen. John McCain (R., Ariz.) and Sen. Barack Obama (D., Ill.) are sharply drawn in many areas, but nowhere are they starker than in the area of international trade.
For the U.S. metal industries, trade issues still stand at or near the top of the overall agenda, even in these times of financial turmoil and market chaos. Toss China's allegedly unfair steel exports and currency manipulation into the mix and you have a boiling stew.
Put simply, McCain is an unabashed, old-school free trader with few reservations; Obama's position, while nuanced and uncertain in some areas, might best be summed up as fair trade.
McCain supports the pending free-trade agreements negotiated by the Bush administration with South Korea, Colombia and Panama and strongly opposes any attempt to reopen the North American Free Trade Agreement (Nafta). The bottom line there wouldn't be many changes from what's been in place the last eight years.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.