Word: import
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Dates: during 1980-1989
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...rounds of trade talks, the most recent one dragging on from 1973 to 1979. The negotiations brought substantial reductions in tariffs, but GATT members thought it was time for another round. Reason: too many countries have circumvented the group's rules by raising a thicket of nontariff barriers, including import quotas, product standards and other obstacles to free trade. Said Leopoldo Tettamanti, the Argentine delegate to GATT: "We are in a mess...
...global slump in oil prices. Libya's oil revenue is expected to total $5 billion this year, down from $22.6 billion in 1980. Gaddafi is forging ahead anyway, paying his bills on time and urging Libyans to make greater and greater sacrifices. "A people that eats imported food cannot be free," he says, as store shelves become increasingly bare because of import reductions ordered to help pay for the project. Special income and sales taxes have been levied on Libyans...
Criticizing the call for import restrictions, Yamani warned that such pressures could "lead to trade wars and spell the end of free trade practices...
Criticizing the call for import restrictions, Yamani warned that such pressures could "lead to trade wars and spell the end of free trade practices...
...often the direct incentive to the crime of rape by the Negroes in the South and other sections of the country." Southern sheriffs believed cocaine even rendered blacks impervious to .32-cal. bullets (as a result many police departments switched to .38-cal.). Chinese immigrants were blamed for importing the opium-smoking habit to the U.S. "If the Chinaman cannot get along without his dope," concluded the blue-ribbon citizens' panel, the Committee on the Acquirement of the Drug Habit, in 1903, "we can get along without him." Despite the opposition of U.S. drug companies, the government began to crack...