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...United States politically and economically to forge a strong partnership with China...If the Chinese can't buy U.S. products, they'll buy them from European countries and then develop stronger economic ties with France and Germany and perhaps side more with those countries when international issues flare up." - on how free trade can help strengthen global relationships, The Seattle Times, Sept...

Author: /time Magazine | Title: Commerce Secretary: Gary Locke | 2/25/2009 | See Source »

...Congress has a similar problem. Leadership from the Speaker to committee chairmen are running from one problem to another, hoping to put out fires before new ones flare up. By stretching the capacity of people to do more than a hundred things at one time, the system risks doing none of them well...

Author: /time Magazine | Title: A Treasury With Too Much To Do | 2/9/2009 | See Source »

...billion stimulus package last week, Europe cried foul. The clause would require infrastructure projects covered under the plan to use American-made steel. Moves are also afoot in the Senate to extend that "buy American" steel requirement to other construction materials covered by the package - causing tempers to flare in Europe. "A dangerous new steel war is looming, and we need to counter it with strong and decisive actions," warned Italian Trade Minister Adolfo Urso on Monday. The problem with that, Lannoo advises, is not only that European retaliation would risk setting off an escalation of protectionist sparring with...

Author: /time Magazine | Title: Protectionism on the Rise in Europe? | 2/4/2009 | See Source »

...weeklong trip to the Middle East on Jan. 27, intended to bolster peace and stability in the region and extend the fragile cease-fire between Israel and Hamas. Mitchell's trip, which has included stops in Egypt and Israel for meetings with senior officials, came as a flare-up of violence in Gaza left two people dead. Mitchell also plans to visit other key regional players in the peace process, including Palestinian President Mahmoud Abbas. Mitchell is not scheduled to meet with Hamas representatives during his tour...

Author: /time Magazine | Title: The World | 1/29/2009 | See Source »

...worsen, then every lever in the Chinese toolkit will be pulled" to muster a recovery, Walker says. Michael Hartnett, an international strategist at Merrill Lynch, recently told TIME that his potential big "surprise" for the world economy in 2009 is a surge of cheap exports from China, "causing some flare-up in terms of protectionism...

Author: /time Magazine | Title: The Threat of a Global Trade War | 1/19/2009 | See Source »

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