Word: embargoing
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...stung in the past six months by a 25% drop in world wholesale prices for green coffee, to a barely profitable 520 per Ib. (Retail prices in the U.S. have held at around $1.25 per Ib. because of increases in packaging and distribution costs.) Chief proponents of the partial embargo are Mexico and the Central American countries, whose coffee income has been hit by declining demand and steep rises in the cost of petroleum-based fertilizer...
What should the U.S. do to break the monopoly of oil-producing nations? Of those interviewed, 41% favor an embargo on U.S. food sales to these countries, while 46% oppose the idea. An evenly divided number-44%-favor and oppose U.S. refusal to buy oil overseas, even if such a reduction means hardship at home. An overwhelming 81.% of respondents are opposed to any U.S. military takeover of the oilfields...
...diverting funds from urgent social projects if they wasted money on modern armaments. Using its dominant position in the hemisphere, the U.S. limited purchases by the Latins to World War II-vintage weaponry. By the mid-1960s, the larger Latin American countries were chafing under this de facto arms embargo. In 1968 Peru triggered what became a continentwide
...arms salesmen shuttling across the Atlantic to woo South American customers were virtually unchallenged by U.S. competition. In 1973, after Europe had already sold more than $2 billion in war materiel to Latin America, the Nixon Administration gave in to the pleas of U.S. defense industrialists and ended the embargo...
...built cars in the first ten days of February-42% fewer than the 238,324 cars they sold in late January. They took some comfort in the fact that the most recent sales were "only" 5% below the same period in 1974, when the Arab oil embargo was scaring buyers away. On that year-to-year basis, General Motors' sales rose 2.4% and Chrysler's were up 4.8%, while Ford's were down 8.3% and American Motors' were...