Trade Disputes

In an April 5 United Press International story entitled, "Analysis: 'Made In U.S.A.' losing cachet," the reporter discusses how there has been less concern over the trade deficit between the US and Japan and China. Tony Gao, a professor at Northeastern University's College of Business Administration gives the reason for trade disputes. "Trade disputes are used by governments and political leaders to achieve both political and economical objectives. As trade disputes with major trading partners can have major benefits and costs, the choices of when to start a dispute, where (in which industry) to start the dispute, and with whom to start the dispute must be made in a careful and calculated way. We could trust that the government officials and political leaders have done thorough reviews of both the political and economic consequences of the dispute and the likelihood of success in achieving both political and economic gains," said Professor Gao. "Today the Japanese automakers have made a lot of friends here and there, and it's frankly rather hard to gain politically by doing battle with them again."

To read the full story, go here:
http://www.paradigmshiftpr.com/analysismade.htm