US Double Standard in Trade - Anderton
US Double Standard in Trade - Anderton
The US Government's
stance of encouraging free trade in foreign
markets while
putting in place protectionist measures at home,
is
hypocritical and opens the way for similar moves in New
Zealand
says Deputy Prime Minister Jim Anderton.
Mr
Anderton was responding to news that the US Government
had
approved a NZ$194 million aid package for sheep
farmers. He
said the aim of protectionist measures in
New Zealand should
be to protect jobs.
Meanwhile
Labour ‘s Trade Negotiations Minister Jim Sutton said
he
would consult with his Australian counterpart before
acting
in response to the American farm aid
package.
The American package which intends to placate
farmers concerned
about competition in lamb markets
follows moves by the US government
last year to impose
tariffs on Australasian lamb imports.
The World Trading
Organisation is currently considering whether
these
tariffs are
legal.