Bush Urges Free Trade, says a headline on CNN. But it turns out the free trade he supports works a lot like global weflare and mercantilism: “Bush has announced a 50 percent increase in U.S. development aid and pledged $15 billion to fight AIDS, a disease which has decimated the working-age population in some African countries.... The United States plans to sue the European Union unless it quickly opens its market to [genetically modified] products. France leads the GM-skeptics in Europe, where consumer sentiment against the products runs high.” No word yet on any trade barriers the US will unilaterally repeal.
