Word: haferkamp
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Dates: during 1978-1978
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...letter to U.S. Chief Trade Negotiator Robert Strauss carried the strident ring of an ultimatum. Signed by Wilhelm Haferkamp, the German vice president of the European Community, and approved in advance by the Foreign Ministers of the nine member nations, it brusquely warned Washington that the Nine would retaliate if the U.S. began collecting extra import duties on a wide variety of their products. It also intimated that the Community would walk out of the three-year-old Tokyo Round trade talks, thus scuttling any possibility for their successful conclusion. What could follow, Haferkamp wrote, would be "a trade...
...reason for the European threat is a fast approaching deadline, which Haferkamp terms a time bomb. On Jan. 3, 1979, unless Congress passes a special bill delaying action, the U.S. customs service will begin collecting so-called countervailing duties on a long list of imported goods, headed by Danish canned hams and including a variety of European dairy products, such as Dutch Edam and French Camembert. Later the tariffs might be extended to many more items, including steel and perhaps some cars...
...interim bill that would delay the duties. To his dismay, he found the mood on Capitol Hill running so strong against freer trade that he feared the bill would be either killed or encrusted with various protectionist amendments. He reported this to the Europeans and received the rocket from Haferkamp...