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Asia-Pac Leaders Criticize Obama Over Free Trade Issues |
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Written by Top Ten List
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Thursday, 12 November 2009 |
We all know that the US government has place a protective blanket over their economy, due to the fact that the economy was at one of the highest risks of a global economic meltdown. We’ve seen how the government took control over various financial institutions, multinational insurance companies, and even the auto industry.
Nevertheless, Obama has in fact flown over to Asia, with the intention of meeting Asian leaders, to ultimately improve the overall trade ties with the countries. However, not everything went well for the US President, as clearly the Asian countries have criticized the US government over their free trade issues. On the other hand, the president also had to swallow a bitter pill, as the Asian countries have mentioned that the US government is over protecting their economy.
Personally, I think that Obama is doing a great job in improving ties and trade relations with the Asian countries. However, I think that US should somehow consider relaxing their protective rules for the US companies, as clearly it is bad for business in the long run.
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