Word: imported
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...doing just that, but the harbingers of a turn have not yet brought any loud cheering. At best, success for the game plan seems likely to be bought at painful cost-in corporate financial distress, in labor turmoil and, worst of all, in the resurgence of a nationalistic import protectionism that threatens to plunge the world into a trade...
...President is a self-proclaimed free trader, but last month he redeemed an ill-advised 1968 campaign promise by "reluctantly" backing textile quotas to help his Southern supporters. Other industries started calling for relief from import competition. Commerce Secretary Stans complained that the U.S. had become "Uncle Sucker" by lowering trade barriers while other nations kept them. Administration officials are horrified by the protectionist deluge that those comments provoked and are struggling to contain...
...Creation of a National Commission on Productivity, composed of representatives from business, labor, Government and the public, to seek ways of boosting U.S. industry's productivity. - Establishment within the Government of a Regulations and Purchasing Review Board to study federal regulations and import policies in order to pinpoint where the Government inadvertently acts to drive up costs. - Assignment of the Council of Economic Advisers to prepare a periodic "inflation alert," warning the public which wage or price boosts are inflationary and identifying the industries, though not the corporations or unions involved...
President Nixon suggested in his economic speech last week that a new commission will look into the nation's import policy, seeking to reduce U.S. prices by increasjng supplies from abroad. Even as he spoke, the Government was getting ready to stiffen prices by cutting back one major category of imports: tex tiles. The U.S. has long been pushing and poking Japan and other Asian allies to reduce their textile shipments. Washington has insisted that there should be so-called voluntary quotas for all textiles; Japan has been equally adamant in offering to hold down exports of a selected...
...broad quotas. But the Japanese public is up in arms over what many consider to be a crude and arrogant American stand. Japanese businessmen will be watching to see if their textile industry was right in warning that it was only the first to come under U.S. pressure for import quotas. They may not have to wait long. Next week top executives of the U.S. steel industry plan a one-day blitz of Congress to plead their case for more restrictions on imports of steel products...