Word: imports
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...first day of renewed trade talks between the U.S. and Japan broke off without any new developments. The Geneva talks are scheduled to end tomorrow, but could continue into next week in an effort to hammer out an agreement beforescheduled U.S. sanctions against Japanese luxury import cars are implemented next Wednesday.Both sides are refusing to budge from their positions. TIME reporter Bernard Baumohl reports: "All the forces are in play for a genuine trade war." But Baumohl expects some sort of concessions from Japan: "This is a fight the Japanese think they're going to lose." The U.S. needs...
...trade deficit soared in April to a new record $11.37 billion, driven in large part by a surge in auto imports from Japan as dealers rushed to import cars beforethe threatened June 28 tariffs. The new figures increase the pressure on U.S. Trade Representative Mickey Kantor to push for an opening of Japanese auto parts markets when talks resume tomorrow in Geneva. Although no one can tell if the talks will be successful in heading off the proposed U.S. sanctions against Japanese luxury cars, TIME's Adam Zagorin says "both sides will make significant efforts to try to get this...
...service of this negotiated division, large economic sticks should be brandished. Right now, despite sanctions, the Serbs import whatever they need. Failure by both Belgrade and the Bosnian Serbs to ratify an equitable land split should prompt an end to all international air traffic and the sinking of ships carrying forbidden cargo...
Singing is essential, even in this suite of dances. Robbins chose to go two ways, and the result is surprisingly smooth. For some numbers he uses singers in the pit. But six of the female dancers also do a rousing version of America, and principal Nikolaj Hubbe, a Danish import who plays the leader of the Jets, belts out Cool, even though he has never had a singing lesson. He says modestly, "You have less of an accent when you are singing...
More than one commentator has compared has compared the potential import of these cases to the 1954 Brown v. Board of Education decision, and the presence of many courtroom observers reflected that prominence. Congressmen, political scientists, legal experts, and advocacy representatives packed the room. In the midst of all these dignitaries sat six of us and our professor, Federal Judge Emeritus A. Leon Higginbotham...