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Now, being a Yankee isn't dandy

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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 06:25 PM
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Now, being a Yankee isn't dandy
http://www.csmonitor.com/2004/0628/p14s03-wmgn.html?s=hns

As US image slips abroad, American firms may find foreign deals tougher to close.

By Clayton Collins | Staff writer of The Christian Science Monitor

<snip>
After 14 years of regular travel to Brazil, Andrew Odell was thunderstruck by what he found there on a trip last month. "I have never run into such a consensus view on US politics," says the contract negotiator and partner at Bryan Cave, a New York law firm. "People condemn the US , and are frightened by the US."

In subtle and not-so-subtle ways, America's troubled world standing is beginning to color its business relationships abroad. So far, the practical impact seems minimal. Many executives, including Mr. Odell, see their foreign counterparts distinguishing politics from business -especially when a cheap dollar makes American goods and services attractive overseas.

On the other hand, perceptions count. In what many view as an era of bold political unilateralism by the United States, negotiators working cross-border deals for US firms in Latin America, Europe, and Asia now find themselves facing a precipitous shift in their homeland's image abroad. And they're struggling with whether and how to adjust to it.

<snip>

Mr. Camp, who has worked with nearly 200 public- and private-sector clients, cites a major American supplier to the photographic-instruments industry. The firm ships large, expensive machines abroad to firms that rely on them to operate. That ought to provide some leverage, Camp says, but it doesn't.

"That American supplier has not had one year of profitability in the past nine years," he says. "They've had a win-win mind-set, and they've compromised away their margins of profit." The company, he says, has stayed in business by firing employees and outsourcing jobs.

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