US Markets Have Stayed Open During Downturn: WTO

Law360, New York (October 6, 2010, 12:20 PM EDT) -- The U.S. has largely resisted pressures to toughen barriers to imports in response to the worldwide economic downturn, the World Trade Organization has concluded in its latest review of the nation’s trade policies.

“The restraint shown by the United States helped forestall a worldwide slide into protectionism,” the WTO said in the report, which was released Friday.

While painting a generally positive picture of the U.S. attitude toward free trade during the recession, the report singled out the $787 billion economic stimulus and sizable assistance to...
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