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Story: Steel Tariffs
Spark International Trade Battle,
11/17/03
http://www.pbs.org/newshour/extra/features/july-dec03/steel_11-17.html
Reading Comprehension
Questions:
- What are tariffs?
Explain how tariffs relate to the U.S. steel industry.
- What is the World
Trade Organization?
- Explain the World
Trade Organization ruling regarding U.S. steel tariffs.
- Why is the tariff
issue important to President Bush?
- In addition to
European concerns, some U.S. industries are criticizing the steel tariffs,
why? How can they influence the president?
Discussion Activity
(more research might be needed):
1. If you were the president, what would you do in response to the WTO
decision that steel tariffs were illegal? How would you justify your decision
to those interest groups who disagreed with you?
2. Research the concept
of free trade. Do free trade agreements help or harm the U.S. economy
or even help and harm? Explain your reasoning.
Write a 300-500 word
essay on any of these topics providing clear examples. Send your completed
editorial to NewsHour Extra [extra@newshour.org].
Exceptional essays might be published on our Web site.
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