Word: embargoing
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Dates: during 1980-1989
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...project, such as the pipeline, offers jobs and less costly energy to a continent with an unemployment rate of approximately 10 percent and no natural gas reserves. Reagan himself does not offer a very good example, having bowed last year to economic and political pressure in lifting the embargo on wheat purchases by the Soviet Union imposed by Jimmy Carter. Thus the narrow-minded logic of the U.S. pipeline policy is rejected as inadequate--even by those who generally endorse Reagan's tough stance toward Soviet communism...
Still, Reagan did not seek an end to a U.S. arms embargo imposed by Congress in 1978 in response to Argentina's poor human rights record. The Administration had been considering a resumption of arms shipments to Argentina before its soldiers occupied the Falklands on April 2. Now, though, Washington believes that an early resumption of military aid to the enemy of a major U.S. ally like Britain would be unseemly. U.S. officials also fear that weapons shipments to Argentina could destabilize the southern portion of Latin America, where Argentina is embroiled in a longstanding territorial dispute with Chile...
Officially, the White House denies that there has been any change in policy. Presidential Spokesman Larry Speakes last week described a New York Times story that asserted the Administration wanted to ease the embargo as "basically not true." Other sources in the Government, however, suspect that the story was a trial balloon floated by the White House itself. And even one presidential aide admitted (privately) that his boss "would very much like to lift these sanctions...
...January the Administration imposed a ban on direct sales of equipment for the pipeline by American companies; last month a presidential order extended the embargo to sales of equipment, primarily rotor blades for compressors that drive the gas through the pipeline, made by foreign manufacturers under American license. Both the State and Commerce departments warned that the latter move would especially infuriate the Europeans. The White House now seems belatedly to realize that they were right...
...extending the embargo to include U.S. licensees abroad, Washington sought, in the words of one official, to "close a loophole." But, like most economic sanctions, the U.S. curbs on pipeline technology may be easy to circumvent. France's state-owned engineering firm Alsthom Atlantique, for example, could build the rotors itself, though at the risk of an ugly legal tangle with Washington over infringement of its General Electric license. U.S. penalties include blacklisting from the U.S. market, as well as heavy fines and even the arrest in the U.S. of executives from companies that violate...