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 | Consequences: Korea Posted by Adam Reed on 9/03/2004, 11:49am | |
| George W. Bush's steel tariffs of 2000 did not merely destroy hundreds of steel-using enterprises in the United States and lose hundreds of thousands of American jobs. Bush's steel tariff also destroyed many jobs and enterprises in South Korea, the major supplier of inexpensive high-quality steel to American industry. South Korea is a much smaller country than the United States; the relative harm to its economy was orders of magnitude greater. The message conveyed to the South Korean people was that the United States cannot be depended on to live up to its principles and commitments. This article reports just one of the consequences. All hail George W. Bush. | ||
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