One of my favorite business blogs, the Procurement-centric Spend Matters has a short piece on retaliatory tariffs today that they originally picked up from The Chicago Tribute. Seems like the Obama camp is jumping on board with some of Bush's final actions in office and expanding the retaliatory tariffs aimed at Europe over bans on US beef imports.
As background, the US is taking a stab at Europe for banning our hormone-laden beef by tripling import duties on such delicacies as much-loved Roquefort cheese. And now, the news comes through that Italian mineral waters, like my beloved San Pellegrino, are also targeted. While hardly a national tragedy, this is a serious punch in the gut for gourmands across the country and smacks of small-minded, catty politics. Let's hope we are able to move past this silliness and resume a normal flow of free trade quickly.
SpendMatters: Lose Lose -- Italian Mineral Water vs. U.S. Beef?
9 months ago
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