Word: embargoing
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...reputations are not made of one or two incidents. They are the accumulation of many acts, big and small. Reagan's expanding foreign policy dossier includes decisions on the neutron bomb, Japanese auto imports, the Soviet grain embargo, arms to China. The Administration's domestic actions have also etched the Reagan image deeper in a number of ways...
...came as something of an anticlimax. Having registered its displeasure over the Israeli bombing of an Iraqi nuclear reactor and a subsequent attack on Beirut that killed 300 people, the Reagan Administration last week released 16 U.S.-built jet fighters for shipment to Israel. The U.S. had ordered the embargo to determine whether Prime Minister Menachem Begin's government had committed a "substantial violation" of an agreement with the U.S. that stipulates that American arms shall only be employed defensively...
...offensive. Said the former general: "I think, in a subjective way, one can argue to eternity as to whether or not a military action may be defensive or offensive in character." Begin's attitude was hardly helpful. "The planes were ours," he declared the day before the embargo was called off. "We paid for them. They are Israeli planes made in the U.S." The Prime Minister did not mention that U.S. aid to Israel comes to about $2.2 billion this year...
...German Chancellor Helmut Schmidt, as expected, was Reagan's harshest critic, lecturing the U.S. President about his "overreliance" on monetary policy to check inflation. Schmidt openly charged that Reagan's advocacy of stiff trade restrictions with the Soviet Union conflicted with the U.S. decision to lift its embargo on grain sales to Moscow. Still, Schmidt had worked carefully with Trudeau before the conference began to seek "a middle ground" in which...
...long on free market rhetoric but short on specific proposals, made clear that the Administration has no intention of fashioning any new grandiose Government programs. This is a departure from the energy philosophies of the past three Administrations. When worldwide oil prices leaped in 1973 during the Arab oil embargo, the Nixon Administration sought to insulate consumers from the higher costs. Under Gerald Ford, energy regulation blossomed into a sprawling federal bureaucracy with responsibilities that reached into virtually every corner of the economy. Later Jimmy Carter reorganized and expanded the apparatus and gave it Cabinet-level status as the Department...