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Pharma Investments, Ventures & Law Weekly

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Business Roundtable



Business Roundtable Statement on the President’s Opposition to Buy American Provisions in Economic Stimulus Plan



February 22nd, 2009

“Business Roundtable member CEOs commend President Obama for his opposition to the Buy American restrictions in the economic stimulus plan and share his concern that protectionist provisions in the legislation run a real risk of starting a global trade war that will undermine our economic recovery.

“At this critical juncture in our economy and the world economy, the United States must lead the world out of protectionism, not into it. The House and Senate Buy American restrictions send the wrong message – at the worst possible time – to countries that buy products and services made by American companies and workers and to markets already nervous about rising barriers to...


Source: Pharma Investments, Ventures & Law Weekly (2009-02-22)

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