{"id":11075,"date":"2009-02-04T11:02:01","date_gmt":"2009-02-04T11:02:01","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/president_obama_to_water_down_buy_american_plan_after_eu_trade_war_threat\/"},"modified":"2009-02-04T11:02:01","modified_gmt":"2009-02-04T11:02:01","slug":"president_obama_to_water_down_buy_american_plan_after_eu_trade_war_threat","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=11075","title":{"rendered":"President Obama to water down &#39;Buy American&#39; plan after EU trade war threat"},"content":{"rendered":"<p>The European Union warned the US yesterday against plunging the world into depression by adopting a planned \u201cBuy American\u201d\u009d policy, intensifying fears of a trade war.<\/p>\n<p>The EU threatened to retaliate if the US Congress went ahead with sweeping measures in its $800 billion (\u00c2\u00a3554 billion) stimulus plan to restrict spending to American goods and services.<\/p>\n<p>Gordon Brown was caught in the crossfire as John Bruton, the EU Ambassador to Washington, said that \u201chistory has shown us\u201d\u009d where the closing of markets leads \u201d\u201d a clear reference to the Depression of the 1930s, triggered by US protectionist laws.<\/p>\n<p><a href=\"http:\/\/www.timesonline.co.uk\/tol\/news\/world\/europe\/article5655115.ece\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Union warned the US yesterday against plunging the world into depression by adopting a planned \u201cBuy American\u201d\u009d policy, intensifying fears of a trade war. The EU threatened to retaliate if the US Congress went ahead with sweeping measures<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=11075\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,209,149,200,119,616,151,667],"tags":[],"class_list":["post-11075","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-americau-s-a","category-economy","category-europe","category-globalization","category-office-of-the-president","category-politics-in-general","category-president-barack-obama"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/11075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11075"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/11075\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}