> Looks like defeat to me If so, this is very significant. It does not come about by accident, especially as Bush is focussed on re-election.
It is a signal of major shifts in the power relationships of late capitalism. Chris Burford ----- Original Message ----- From: "joanna bujes" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, December 04, 2003 11:32 PM Subject: Re: [PEN-L] USA humbled > Looks like defeat to me. The local rags arent' giving it much spin or > headlines...except to offer the consolation that the tarriffs were there > to offer the steel industry time to retool and reinvent > themselves...that this work was largely done....so now US steel is newly > competitive and tarriffs aren't needed anymore. > > Right, > > Joanna > > Chris Burford wrote: > > >Bush's withdrawal of protective steel tariffs looks a significant defeat, a > >signal about the real balance of power, which is not overwhelmingly in > >favour of the USA. > > > >Or does it look differently to the west of the Atlantic? Or is it largely > >invisible? > > > >Chris Burford > > > >London > > > > > > > > >