Word: importancies
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Would pressure other nations to lower import barriers. Backs a "domestic content" bill requiring the use of American-made products in all imported autos sold in the U.S. Wants to eliminate the capital gains tax for those making new long-term investments in small businesses and to give tax credits to employers who increase outlays for the education and training of workers. Urges more federal support for science and research...
According to the governor of the Central Bank, Mohsen Noorbaksh, the nation has cut its foreign debt from $7.4 billion in 1978 to $500 million. In 1983 alone Iran repaid $419.5 million to the American Export-Import Bank and also returned $350 million to France. Noorbaksh claims that within four years of the Ayatullah's takeover, Iran had accumulated foreign exchange reserves of $13 billion, higher than at any time during the Shah's rule. Foreign businessmen, mostly from the West, can again be seen all over Tehran...
Hart staffers have also been quick to define the new front-runner's Senate record on the oil import tax, the windfall profits tax, and the nuclear build-down; three issues pinpointed by the newly combative Mondale...
...international trade front, declare that the United States will match all its trading partners' import restrictions. We might be surprised how quickly their barriers go down if there's a threat that ours will...
...Import quotas, plus voluntary export restraints by European and Japanese producers, which the industry has been demanding, have already reduced foreign competition...