Word: embargo
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While the U.S. was barring one of its own businessmen from trading with the Reds, British businessmen persuaded their government to open up trade with the Iron Curtain countries. The British eased a 1951 embargo on shipping the Chinese Reds rubber, tractors and electronic equipment, and approved a shipment of 150 tractors, though such exports are still banned for U.S. businessmen. Businessmen in Japan, France, Belgium and other allied nations were also pressing their governments to get U.S. approval of their big plans to sell to the Soviet and her satellites. Riled by this eagerness to trade with Communist nations...
...important for a number of reasons. If practical means for producing the drug can be found, doctors will no longer depend on imports of the root from which it is made. This is particularly significant as it is possible that the nations exporting the root may soon put an embargo...
...attitude toward France and North Africa. All three big Western powers moved to concert policies elsewhere in the Mediterranean. Premier Guy Mollet urged that the Big Three Foreign Ministers meet in Paris to discuss Middle East policies, suggested that the time was coming to ask for a U.N. embargo on the sale of arms either to Arab or Jew. Britain warned both sides that it would take "swift military action" if war broke out across the tense IsraeliArab borders. The U.S. asked...
...from the previously mentioned factors of controls, Soviet demands, and business reticence. United States export controls stem from the Export Control Act of 1949 and the so-called Battle Act of 1954 (a product of the Korean War), which call for licensing controls on most non-consumer goods, and embargoes on most non-consumer goods destined for the Soviet bloc. In August, 1954, the embargo list was shortened slightly to put tighter control on a smaller number of "strategic" goods. Products that clearly have military end-uses are categorically restricted from exportation to the Soviets. The main difficulty arises with...
...fortune to charity; the bulk of his art treasures, spread out over the six houses he owned in Europe, Argentina and New York, were willed to his home city, Barcelona. When Barcelona claimed the paintings, agreeing to pay $56,340 in death duties, Peron's government slapped an embargo on the old masters in Cambo's palatial Buenos Aires residence. Only last year, when diplomatic tempers had reached the boiling point, did Argentina relent...