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Usage:

...surcharge will make Japanese cameras, Swiss watches, Italian shoes, German beer and French wines more expensive. But nobody knows by how much?or how soon. For some imports there is still a few months' supply left?surcharge-exempt???in Stateside stores and warehouses. Even for perishable items like cheese, stockpiles vary immensely: ten days' supply for French Brie, two months' for Swiss Gruyere. Foreign producers are delaying their decisions on price increases until the new value of the dollar is established. In any case, the extra cost to U.S. consumers will rarely be as much as 10%. The surcharge...

Author: /time Magazine | Title: The Economy: Exploring the New Economic World | 8/30/1971 | See Source »

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