Word: importance
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Dates: during 1980-1989
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Specifically, Japan was charged with restricting the import of U.S.-made supercomputers, satellites and lumber products. Under Super 301, Washington will negotiate with the targeted countries for removal of the barriers; if no progress is made, the law allows for retaliatory tariffs against some of the offenders' imports...
That Mack had a criminal record was no secret. Even so, there was horror at the viciousness and randomness of his crime as it was recounted by the victim, Pamela Small, the prosecutor and the surgeons who pieced her back together. Mack was managing an import store when Small stopped in near closing time to buy window blinds for her first apartment. Mack led her to a storeroom, where he grabbed a hammer and without provocation smashed it into her skull five times. Picking up a steak knife, he stabbed her shoulder and chest near her heart and slit...
What's a little artificial fattening between friends? When the twelve-nation European Community banned the import of hormone-treated beef last January, claiming possible health hazards, American cattle ranchers were furious. They saw it as merely a protectionist maneuver to keep nearly $100 million in U.S. beef each year out of European shops. The U.S. Government retaliated by slapping 100% tariffs on a variety of E.C. exports worth roughly $100 million a year...
...because U.S. inspectors refused to certify that it was in fact untreated. In turn, the U.S. tariffs on E.C. goods will be scaled back. Trade Representative Carla Hills said that while the interim agreement was a positive step, the U.S. still feels that the E.C.'s import ban is "an unjustifiable restriction on trade...
Despite those generous words, however, Washington's aid is largely symbolic and does not signal a new, comprehensive policy toward Eastern Europe. For example, Bush promised to push for reduced import duties on certain Polish products, but the goods covered under the President's pledge amount to as little as $3.5 million out of a total of more than $400 million in Polish exports to the U.S. And loans of some $500 million from the World Bank and the International Monetary Fund have yet to be approved...