... expectation of "a new multilateralism", based on statements Obama made during his campaign regarding "a new era of global partnership" and of building "bridges of cooperation with the U.N. and other nations."So how’s that panning out so far? With the ‘buy American’ provisions of the Democrat’s new trillion dollar stimulus bill [passed by the House with zero bipartisan support] it seems Obama’s international honeymoon is rapidly turning sour:
Obama capitalized on the intense international unpopularity of the shooting war in Iraq. Does the Obama brain trust somehow think a trade war will help win friends?
... The EU trade commissioner vowed to fight back after the bill passed in the House of Representatives late on Wednesday included a ban on most purchases of foreign steel and iron used in infrastructure projects.
... The inclusion of protectionist measures has quickly raised hackles in Europe.