Word: foreign
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Dates: during 1980-1989
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...military manufacturers will have to learn to cope with keener foreign competition, just as consumer-products companies have done. Otherwise, according to a report by the Washington-based Center for Strategic and International Studies, "in place of the arsenal of democracy, the U.S. may find it has only the best pizza parlors in the world." Robert Costello, until recently the Assistant Secretary for Acquisition in the Pentagon, has urged American companies to enter into joint ventures with foreign manufacturers to capture more offshore business...
Other military experts support the establishment of an industrial policy for defense. New York City Democrat Ted Weiss, a member of the House Foreign Affairs Committee, is among a growing school of defense experts proposing "dual-use" planning by military contractors to seek commercial as well as defense applications for their research and manufacturing efforts. Such planning might help ease the boom-and-bust cycles of defense procurement. Perhaps more important, it could help stimulate the development of new high- technology consumer products, strengthening U.S. economic security at the same time defense firms are bolstering national security...
...much protection do U.S. steel mills need from foreign competition? In answering that question last week, President Bush added to his reputation as the Great Compromiser. Instead of extending the soon-to-expire voluntary trade quotas another five years, as Big Steel wanted, or abolishing the restraints altogether, as the industry's customers desired, Bush split the difference. For the next 2 1/2 years, the U.S. will hold foreign imports to 18.4% of the domestic steel market. After 1992 the barrier will be dropped. In the meantime, Bush directed U.S. Trade Representative Carla Hills to try to negotiate...
...Steel argued for protection because it believed foreign plants were unfairly benefiting from subsidies. But the industry's customers complained that the restraints produce shortages and higher prices...
...most serious spy scandal to come out of the State Department since the Alger Hiss affair. But, wrote columnist Lars-Erik Nelson of the New York Daily News, Bloch "is also a U.S. citizen, entitled to due process before execution." Charles Schmitz, vice president of the American Foreign Service Association, said the baying after Bloch was "terrible either way -- for his rights if innocent, for the case if guilty...