The Buy American Policy: A Clear and Present Danger?

In April 2009, Trade Minister Stockwell Day expressed concern that what at the time was the proposed “Buy American” bill was representative of the same kind of U.S. protectionism “that fueled the Great Depression in the 1930’s. Citing the “Smoot-Hawley Act of 1930” (Smoot-Stonehouse Tariff Act), Canadian Chamber of Commerce President Perrin Beatty suggested that […]