Word: embargo
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After Assistant Secretary of State George Allen had heard out the complaints, Acting Secretary of State Herbert Hoover Jr. checked again with Ike at Thomasville. Then the U.S. executed a fast about-face. The U.S., said Hoover, would lift the arms embargo and let the tanks go through-on the theory that the tanks would not endanger the peace of the Middle East. "Utterly beyond our comprehension," Israel's embassy reiterated. The U.S. might fairly conclude of the week's display of off-again-on-again diplomacy that it was also utterly without forethought...
...were firmly united ... to deter and prevent aggressive expansion by force or subversion." Actually, as the course of the talks again made clear, Eden does not support the U.S. view that a Communist attack on Quemoy and Matsu could constitute aggression. Then the communiqué noted that the allied embargo on strategic trade with Red China "should be reviewed now and periodically ... in the light of changing conditions." During the talks Eden pressed the U.S. to let into Red China the strategic goods that it now lets into Red Russia...
...plea of Prime Minister Sir Anthony Eden for a relaxation of the Allied embargo against trade to Red China got a cool reception in Washington last week (see NATIONAL AFFAIRS). Part of the reason was an angry blast by the Senate Investigations Subcommittee at the "shocking" flow of strategic goods already leaking out to Red nations, mainly Russia. The subcommittee voted unanimously for public hearings on the effect of an agreement two years ago to cut the Battle Act embargo list for Western Allies from 297 to 217 items and the international quantitative control list from 90 to 20 items...
Though few U.S. firms do business with the Reds (total U.S.-Soviet bloc trade in 1955: about $5,000,000), European nations have used the liberalized embargo list to boost exports 27% in the last twelve months, while increasing imports by only...
Since the U.N. laid down embargo rules in 1951, most Hong Kong trade with China has been strictly legal...