Monday, 9 November 2009

Trade distortion files

Item the first: US stimulus "Buy American" legislation again has California ripping Canadian-built pipe fittings from the ground. Last time this happened, the Canadian manufacturer (different firm than this time) noted that 90% of its supplies come from Texas.

Item the second: An Indian car manufacturing company considers opening up some manufacturing in Christchurch, New Zealand, in order to export cars to China. New Zealand has a bilateral free trade deal with China, India doesn't. India offshore outsourcing to New Zealand: I wonder how many folks in India are protesting the potential loss of Indian jobs or will complain that when they phone the car manufacturer, they get some jerk on the phone who can't speak proper Hindi and doesn't know where Solapur even is?

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