Word: embargoing
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Dates: during 1980-1989
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...addition to the shifts in policy, there is often an improvised quality to Carter's actions. After announcing the grain embargo, Carter discovered that 17 million tons were under contract to the Soviets in the futures market and that the cancellation of sales would provoke bank failures all over the U.S. A mere phone call to the Agriculture Department would have turned up this information. Grain markets had to be closed for two days and an expensive rescue package for grain farmers slapped together...
...THEN does the U.S. government follow such a counterproductive policy? It is no coincidence that the announcement of the production of "Fighter X-port" comes on the heels of the grain embargo to the Soviet Union and the OPEC price increase. The arms trade has become an essential part of our export business, without which the U.S. would face a serious balance of trade deficit and a severe economic slump in 1980. While the OPEC price increase adds a few billion dollars to the import side of the ledger, the grain embargo reduces export revenue by another few billion dollars...
...each meeting, in his lawyer-like fashion, Vance unfurled a detailed brief urging Europe to support the U.S. boycott of the Moscow Olympics and its embargo of grain and high technology sales to the Soviet Union. Vance also called for a beefing-up of NATO and increased European military aid to Pakistan and Turkey. Above all, he preached unity, warning that the Kremlin must not be allowed to drive a wedge between the allies...
...Iowa, Anderson stood alone among GOP candidates in supporting the grain embargo of the Soviet Union. In New Hampshire he is a maverick supporting gun control. Some may quibble about Anderson's metamorphosis from "conservative" to "liberal"; but he does not differ from other campaigners for difference's sake. His willingness to state publicly his regret that he voted in favor of the Gulf of Tonkin resolution at a time of swelling militarist sentiment provides evidence that Anderson could resist the often overwhelming temptation to military intervention. Furthermore, his many years of congressional experience offer another vital prerequisite...
...Soviets. France, they point out, voted for the United Nations General Assembly resolution condemning the Afghanistan invasion. True, France has not followed the U.S. lead in imposing economic sanctions-though it pledged, along with other Community members, not to take advantage of opportunities created by the American grain embargo-nor has it backed the boycott of the Moscow Summer Olympics. The French explain that this is not because they disagree with the Carter Administration's actions but rather because European nations should use tactics better suited to them. "The West's diversity is its strength," says one Paris...