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a time for fear
Friday, December 05, 2003  
The tropical disease of US trade policy

Mr Bush, who is about to enter an election year, is risking a political backlash in steel-producing states but faced the prospect of worse among other states where voters could have been affected in a tit-for-tat trade war.

He was also facing pressure from American manufacturers which are heavy users of steel and had argued that the higher prices were hurting their businesses and costing jobs.

11:53 AM

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