President Barack Obama has let it be known that he is preparing an important speech on trade policy. It cannot come soon enough. His administration has so far been unwilling even to submit the trivial free trade agreement with Panama to Congress, let alone mount any significant initiatives to restart the momentum of global trade expansion. China's new protectionist policy on government procurement, while legal under the porous rules of the World Trade Organisation, sharply raises the threat to the global trading system that he must counter.
美國總統巴拉克?奧巴馬(Barack Obama)已經宣布,他準備就貿易政策發表重要講話。這樣的講話越早越好。他的政府迄今連瑣碎的美國與巴拿馬自由貿易協議都不愿提交國會,更遑論出臺重啟全球貿易擴張進程的重大倡議。中國在政府采購方面的新保護主義政策,雖然在世界貿易組織(WTO)漏洞百出的規則下是合法的,卻明顯對全球貿易體系構成威脅,而這是奧巴馬必須遏阻的。