Fears over US Stimulus Package Europe Warns against 'Buy American' Clause

Washington is planning billions in subsidies for the ailing automobile industry, and the US Senate is debating a 'Buy American' provision in its economic stimulus package. The European Union fears the US is trying to seal off its market -- and is using its diplomatic arsenal in a bid to stop the move.
Tractors made by US manufacturer Caterpillar: The EU is threatening to sue at the WTO if Washington passes protectionist measures.

Tractors made by US manufacturer Caterpillar: The EU is threatening to sue at the WTO if Washington passes protectionist measures.

Foto: AFP
-- dsl with wires
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