Word: imports
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...found the changes welcome. "Everything is much speedier," said Mario Sivieri, who runs a horse-transport business from Milan. Twelve hours has been shaved off the time it takes to ship a breeding mare from Italy to Ireland and back, saving $700 on the round trip. A dozen export-import forms were eliminated, and veterinary checks now take place only at the destination. As for Sivieri trucker Carlo Boldrini, who used to spend nights in the horse trailer when frontier posts closed for the day, "stress is reduced...
Second, Choi displays both an ignorance of history and a narrow conception of education when he decides that since we can see at last, in 1993, the great import of the African American experience, but not an equal wealth on the Latino and Asian American fronts, that the former should be an academic discipline, while the latter should be relegated to subheadings under other courses. Choi obviously has no grasp of the United States as a dynamic nation with a constantly changing demography. The Census Bureau reports that from 1980 to 1990, the percentage of population growth of Asians...
This tax would pit Northern oil users against Southern producers and has already stirred a cat fight within the energy industry. Nineteen Congressmen from New England, which depends more heavily on imported oil for electricity and home heating than any other region, last week sent Bentsen a letter opposing an import fee. Complains William Whall, a blind Korean War veteran who lives in New Hampshire: "I just converted to oil heat, and now Clinton wants to whack me with an oil-import fee. I can't stand it. It seems like you get taxed if you do and taxed...
Among oil producers, talk of an import fee has created tension between Big Oil and its smaller brethren. The struggling little guys love the idea because slapping a fee on the 7.8 million bbl. of foreign oil that Americans import each day would boost their own prices and help finance new exploration and production. "People don't realize that we've lost more jobs than the auto, steel and textile industries combined," says an industry lobbyist. Falling prices in the oil patch have cost producers 450,000 jobs, or 60% of the work force, over the past decade...
...from foreign wells. Exxon chairman Lawrence Rawl flatly declares that the fee "wouldn't work" and "would not be in the interest of the economy, the consumer or American industry." Among other drawbacks, critics argue, the fee could violate terms of the North American Free Trade Agreement (by taxing imports from Mexico). "The import fee distorts the market and would be a subsidy for domestic producers," says Ed Rothschild, energy policy director for Citizen Action, the largest U.S. consumer lobby. "Most important, you will never get it through Congress...