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Cablegate: Media Reaction - Global Economy: Protectionism

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O 181255Z SEP 09
FM AMCONSUL SAO PAULO
TO RUEHC/SECSTATE WASHDC IMMEDIATE 9620
INFO RHEHNSC/NATIONAL SECURITY COUNCIL WASHDC IMMEDIATE
RUEHBR/AMEMBASSY BRASILIA PRIORITY 0757
RUEHRI/AMCONSUL RIO DE JANEIRO PRIORITY 9254

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STATE INR/R/MR; IIP/R/MR; WHA/PD

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TAGS: KMDR OPRC OIIP XM XR XF BR
SUBJECT: MEDIA REACTION - GLOBAL ECONOMY: PROTECTIONISM

"Obama gives strength to Protectionists"

Op-ed in business oriented paper Valor Econtmico (9-17) by
Washington correspondent Ricardo Balthazar states: ".....President
Obama has been clear that he will always be ready to make
concessions to protectionist groups if he thinks they are needed to
strengthen his domestic agenda.....The lack of U.S. leadership in
the trade area is a serious problem for countries like Brazil, which
is betting strongly on the successful conclusion of the Doha
Development Round Trade talks that would eliminate trade barriers
that impede the progress of Brazil's exporters..."
WHITE

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