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The Australian Chamber of Commerce and Industry called Shorten's comments "a protectionist response".
If it sticks to its cheap-renminbi guns, however, it is bound to draw a protectionist response.
He trashes NAFTA, despite its success in avoiding any significantly protectionist response by Mexico to its peso crisis of 1994-95.
Countries outside still know that any protection they impose will lead to big problems at the WTO; the United States has to know that a protectionist response would break up the whole world trading system we've spent almost 80 years building.
It thus seems odd for governments to impose blanket penalties on utilities for obeying government-imposed laws and regulations.JONATHAN LESSERWilliston,VermontCar poolSIR--You are right to draw attention to the protectionist response of Europe's governments to the massive over-capacity of the car industry (May 10th).
At such times, two things will be needed: a willingness to leave Mr Greenspan or his successor at the Fed alone to sort out the monetary consequences; and a determination to avert a protectionist response in Congress, as unemployment rises and the trade deficit hangs heavily.
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Protectionist responses from other industrial countries.
One reason that economists may be uncomfortable talking about trade's impact on jobs and wages may be concern that it could set off protectionist responses.
With China's bilateral trade surplus at a record high even as America's economy slumps, Congress will not take kindly to Beijing's bolstering of its exporters.Exchange-rate movements could also prompt protectionist responses.
The laws encouraged foreign protectionist responses and resulted in higher food and labour costs at home, which in turn led to an invigorated laissez-faire and free trade movement.
While accepting there is a risk of countries becoming more protectionist in response to the crisis, Brown says the real solution is international cooperation for a global growth agenda.
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