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On December 30, with the new year bearing down, President Bush gave free traders an occasion to toast.(Brief article)

National Review

| January 30, 2006 | COPYRIGHT 2006 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

* On December 30, with the new year bearing down, President Bush gave free traders an occasion to toast. Shaking off the pleas of the domestic steel industry, he refused to clamp new quotas or tariffs on the import of steel pipes from China. In 2004, China sent 267,468 tons of the circular nonalloy piping into the U.S. for use in plumbing, heating, air-conditioning, and construction projects. In 2005, such imports increased to an estimated 370,000 tons. Directly before Bush's decision, the steel lobby was pressing for an executive flat to cap ...

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Source: HighBeam Research, On December 30, with the new year bearing down, President Bush gave...

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