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...Europeans also believe that Reagan refused to invoke the only effective economic sanction against Moscow, an embargo of U.S. grain, simply because he did not want to hurt American farmers. Nonetheless, they complain, the President expects the allies to ban the export of high technology to the U.S.S.R. and shelve plans for building a 3,000-mile natural-gas pipeline from Siberia to West Germany. "These measures would be much more costly to us than anything the U.S. has done," insists a French official. "If the U.S. were to cut off grain sales, then perhaps it could ask Europe...

Author: /time Magazine | Title: An Oversupply of Voices | 1/18/1982 | See Source »

Farmers are among the loudest skeptics. They fear that Reagan will go further and impose a new embargo on grain shipments, which would swell the U.S. agricultural surplus and depress farm prices and incomes. Their concern stems from their bitter experience with the embargo that President Carter declared two years ago after the Soviet invasion of Afghanistan. Says Jared Hoover, who farms 1,400 acres outside Abilene, Kans.: "I can understand suspending talks on a new agreement with Moscow. But we should have enough history under our belts to teach us a lesson. Despite Carter's embargo, the Russians...

Author: /time Magazine | Title: Seething About Trade Sanctions | 1/18/1982 | See Source »

...current grain pact, which allows Moscow to buy up to 23 million metric tons a year, expires in September. If it is not renewed, the Soviets might suffer severe food shortages next winter. But soon they would undoubtedly line up alternate grain suppliers as they did during the last embargo. That might have a lasting negative impact on U.S. farm exports. Says John Dunbar, Dean of Agriculture at Kansas State University: "Argentina, Brazil, Canada and Australia would all like long-term deals with Moscow. If we are perceived as an unreliable supplier, a lot of our former business with...

Author: /time Magazine | Title: Seething About Trade Sanctions | 1/18/1982 | See Source »

...young writer isolated here was hardly a flaming rebel. His favorite form of truancy as a boy was listening to his half-Brazilian mother play the piano and sing Brahms. Papa was a senator of the Baltic seaport town of Lübeck and a prosperous grain merchant: the perfect bourgeois figure for a young artist to revolt against...

Author: /time Magazine | Title: Books: Specific Gravity | 1/18/1982 | See Source »

What impact will the U.S. sanctions have on the Soviets? Very little, especially if the European allies and Japan will not go along. During the first eight months of 1981, the U.S. shipped only $1.3 billion worth of goods to the U.S.S.R., and 75% of that was grain...

Author: /time Magazine | Title: Sanctions as a Symbol | 1/11/1982 | See Source »

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