Word: davignon
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Dates: during 1980-1989
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...nations, including Britain and West Germany, as well as producers in South Africa and Brazil, were selling in the U.S. market at unfairly low prices. Effective immediately, importers of their goods will have to post bonds on shipments pending final determination of damages later this year. Said Viscount Etienne Davignon, European Community commissioner for industry in Brussels, in response: "It has been quite clear that the highest level of the American Administration has not perceived the real meaning of this case. This certainly has a protectionist flavor about...
...steel crisis exists and is getting worse in every respect-orders, costs, profits." So said Viscount Etienne Davignon, the European Community industrial affairs commissioner. Other leading industrial nations are also feeling the worldwide steel crisis. The U.S. last month reintroduced the trigger price mechanism to protect the domestic industry against cheap imports that were undercutting U.S. prices. American steel output in the first ten months of the year was 22% below the same level of 1979, and the industry has laid off 86,000 steel-production workers, almost one-quarter of its labor force, in the past year. Japanese steel...
This week U.S. steelmakers expect to bring antidumping suits against European steel exporters. The suits could be embarrassing to the Carter Administration because the State Department is trying to line up European support for a grain, technology and Olympic boycott against the Soviet Union. Viscount Etienne Davignon, the European Community Industrial Affairs Commissioner, warns: "If we enter into a trade war and protectionism in steel, then cars will follow rapidly, and after cars it will be shipyards and then advanced technology industries...