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WTO approves sanctions against the U.S-How will this effect trains?
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[quote]QUOTE: <i>Originally posted by Junctionfan</i> <br /><br />I just read a few articles about an anti-dumping law that has annoyed the European Union, Canada, Mexico, South Korea, Japan, India and Chile and so they are interested in imposing trade sanctions against the U.S-something to do with the Bryd Amendment? Anybody else here about this? <br /> <br />How bad would this effect the railroads particularly intermodal? <br />[/quote]On dumping[?] <br />The US is very good about handling waste. The Environmental Protection Agency (EPA) keeps close watch on how American consumers dispose of worn out products produced by Europe, China and Japan and the others. Believe me all of this free trade is producing a lot of trash and filling our existing landfills. Everytime US producers try to ship goods to foreign markets we hear whining. Whats is fair about a 500 billion dollar trade deficit? Our markets are wide open to their products, but their markets are closed to our products. The US is the worlds largest free market. Can't say that about any other nation.
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