Friday, October 24, 2008

US Trade Deal With Bolivia Suspended

Secretary of State Condoleeza Rice announced yesterday that the US will be suspending a trade deal with Bolivia due to their continued association with drugs and their reluctance to improve anti-drug efforts. This move is anticipated to cost Bolivia nearly 300,000 jobs and also more than $300 million in exports, which would be priced out of the US market. It will be interesting to see how this affects US - Bolivia relations in the long term. Read more about this story here.

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