Word: importance
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Dates: during 1980-1989
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...White House and Congress are locked in another major battle over protectionism. Last week the Senate passed, by a vote of 57 to 32, a bill to grant import relief to the textile industry. Since eleven Senators did not vote on the measure, it remains uncertain whether the bill's supporters can muster the 67 votes needed in the Senate to override a promised presidential veto. The bill, similar to one that has already passed the House, would cap increases of foreign textile and apparel imports at 1% a year. They have been rising by an average of 16% annually...
...average tariff on textiles and apparel is 18%, nearly three times the rate on other manufactured products. U.S. Trade Representative Clayton Yeutter calculates that the typical American family pays $238 a year more for clothing than it would if the textile business were not protected. Any new round of import relief will raise prices even more...
...When Bush arrived in New Hampshire reeling from a third-place finish in the Iowa caucuses, Ailes labored all night over the television ad that quashed Robert Dole's insurgent campaign. Known as the "Senator Straddle" commercial, the blunt spot asserted that Dole had waffled on tax hikes, oil-import fees and arms control...
...report's authors contend that they werestraightforward about the funding for theresearch, and that it in no way biased the outcomeof their study. Furthermore, the center for thelast 10 years has produced research advocating anoil import fee, suggesting that the report'sconclusions were not altered to suit the donorswishes. Instead, center officals say, it may havebeen that the oil companies were aware of theopinon's of those at the center, and, in search ofa study backing an oil import fee, the EEPC wasmerely the logical choice...
With Moscow trying to put its economic house in order, Soviet officials working in Kampuchea appear to be less than pleased with their country's commitment to the Heng Samrin government, which they estimate costs $58 million a year. Nonetheless, Kampuchea's vital signs are strengthening. An illegal import trade thrives, especially in motorbikes smuggled from Thailand. Phnom Penh, almost empty during the years of Khmer Rouge rule, is coming back to life: its population, which had never reached half a million, is now 650,000 to 800,000. City officials believe that more than half are refugees who have...