Word: exporting
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Dates: during 1960-1969
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WORKING CONTROL of American Export Lines, Inc. will be bought by U.S. Freight Co., biggest domestic freight forwarder, which will pay more than $9.4 million for 25% of American Export Lines stock now held by Mrs. Josephine Bay Paul, American Export chairman, and her husband, C. Michael Paul...
...addition, the tariff request is expected to run into a storm of opposition from the State Department. State Department officials have argued that protection would cripple the development of underdeveloped countries for whom textile goods are the staple export, said that the U.S. must support free trade to maintain better markets for her exports. Cracked an Agriculture Department official: "We're interested in the American people, and State's interested in foreigners. It's just as simple as that...
Into Position. Pechiney is busily moving into position to take advantage of the Common Market. As Europe's standard of living rises, demand for Pechiney's chemicals and aluminum is bound to rise apace. When exports slack off, the company can always intensify its efforts to sell at home, where aluminum consumption is still low (7 lbs. per person v. 21 lbs. in the U.S.). When the domestic market slackens, it need only expand its export market. There, it sells aluminum at about 8% lower than U.S. and Canadian competitors...
...customers. But overseas, the same companies often demand cash on the barrelhead. Nor does the U.S. businessman research his foreign market as he does at home; he is nowhere near as anxious to serve each customer's special needs, is reluctant to modify his product to fit export needs...
...wagon. We sell by showing how our installations operate." The businessman does not have to do it alone; the U.S. Government plans more help. The State Department intends to strengthen its commercial attache service to help businessmen abroad. The Administration is also at work on a plan for the Export-Import Bank to establish some form of short-term credit guarantees, so that U.S. traders can give the same liberal terms as their rivals. U.S. trade missions at overseas fairs will change their pitch, will tell foreign businessmen about the products they can buy only from the U.S., instead...