USH
Re: Re: An Interesting Theory
Originally posted by jaden101
a couple of years ago, the US told Britain that all bananas that the UK imported must be from US run farms (chiquita)...the UK refused and the US put an embargo on Scottish cashmier wool
That's very misleading.
The US wanted to start taking action following an earlier WTO ruling that France and Britain were giving preferential trade rates to their former colonies, therefore disfavouring Latin American countries.
But the matter at the time was on appeal to the WTO and France and the UK took the position that the US should not act before the WTO made its final ruling.
Despite the US threat, the trade war never properly materialised and the whole issue was moved on from.
So not only did it never happen, this was not a case of the evil US seeking to make money for its own people just for the hell of it- it was a trade war between two factions. Happens a lot.