Obama sends diplomat to Davos to quell trade outrage

The Globe and Mail

Kevin Carmichael Heather Scoffield
February 2, 2009

The following is an excerpt. To view the full article please visit the link below

OTTAWA -- Facing one of his first big diplomatic tests, U.S. President Barack Obama dispatched an official to the World Economic Forum in Davos, Switzerland, in an attempt to quell outrage from Canada and other countries over plans to make "buy American" a stipulation of the U.S.'s multibillion-dollar economic stimulus program.

Peter Allgeier, the acting U.S. trade representative, used the annual gathering of the world's leading executives and policy-makers to assure his country's biggest trading partners that Mr. Obama understands concerns that the proposal could spark a trade war that would deepen the global recession.

"I'm somewhat, let's say, optimistic …

* * *

The opinions expressed in this article/multimedia are those of the author(s) and do not necessarily reflect the views of CIGI or its Board of Directors.