trade war averted

Via FP Passport:

President Obama signaled yesterday that he would seek to remove the controversial "buy American" clause from the Democrats $900 billion stimulus bill. Previously, the bill would only have allowed U.S.-made steel, iron and other materials to be sued in projects funded by the bill. The clause had been sharply criticized by the E.U. and Japanese government.

...

The E.U. denied any quid pro quo over dropping its dairy subsidies in return for the "buy American" clause being cut.

Cooler heads prevail.