Word: importations
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Dates: during 1950-1959
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...first years, Israel had spent far beyond its means. The state had pursued a policy of "ingathering" foreign Jews-the world's sick, homeless and unwanted -that was in principle irreproachable but in practice ruinous. Its population doubled in four years. In that four years, Israel had to import $800 million worth of goods while its exports paid for only one-eighth that amount...
...press conference in Washington, Secretary of State Dean Acheson brought the situation into the open. The Italian government, he said, had recently complained to the U.S. about growing tariff restrictions and the Buy American discrimination. Specifically, Rome noted that U.S. manufacturers had persuaded the U.S. Tariff Commission to raise import duties on such Italian products as oranges, almonds, cheese and felt hat bodies. Said Acheson: "Inconsistencies in U.S. policies, caused by pressures for trade restrictions, weaken our world leadership...
...tobacco pipes and wood screws. The Netherlands is worried about the prospects of selling its Edam cheese; Denmark has similar fears for its exports of Blue cheese, which add up to only a minuscule percentage of U.S. consumption but could pay for one-third of the coal Denmark must import from the U.S. each year. Peru, encouraged by Point Four officials to develop tuna fishing, feels threatened by the demand of U.S. tuna fisheries for a protective tariff...
...Under the Reciprocal Trade Agreements Act, as renewed and amended in 1951, the Tariff Commission must investigate all requests for higher duties. When the level of any import reaches a so-called "peril point" (i.e., threatens to hurt domestic producers), tariffs must be automatically raised...
...Denmark, cooped up by the Nazi occupation for four years, felt an urge to explore the world, even if only vicariously. A Danish Expedition Fund was set up, but it had no funds. Then Oceanographer Anton F. Bruun had a bright idea. He persuaded the government to waive import taxes on scarce luxury goods sent to the Expedition Fund by overseas Danes. A hint to overseas Danes was enough. Back came a flood of canned pineapple, coconuts, cigarettes, honey. The gifts sold for $600,000 and paid for equipping the Galathea, an oceanographic research ship...