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Word: nontariff (lookup in dictionary) (lookup stats)
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...return for a lowering of foreign barriers. That authority expired in 1967; the Administration should demand that Congress renew it. Armed with such power, Nixon could call for a new world trade conference similar to the successful Kennedy Round of 1964-67, this time aimed at elimination of nontariff barriers to trade and investment. This conference would be an ideal forum in which to press the Japanese to remove their remaining restrictions. In return the U.S. should try to persuade European nations to wipe out their restrictions on Japanese goods...

Author: /time Magazine | Title: Business: Japan, Inc.: Winning the Most Important Battle | 5/10/1971 | See Source »

...nontariff barriers...

Author: /time Magazine | Title: Business: Free Trade v. the New Protectionism | 5/10/1971 | See Source »

GARLAN MORSE: I don't think the nontariff barriers-import quotas, discriminatory taxes and the like-are understood by the public or by industry or even by Government. But these barriers are so important that just to renegotiate the tariff scales back and forth to bring some equilibrium does not solve the problem...

Author: /time Magazine | Title: Business: Free Trade v. the New Protectionism | 5/10/1971 | See Source »

FLANIGAN: We shouldn't ignore the nontariff barriers that the U.S. has put in place. Let's not delude ourselves by suggesting that we have been simon-pure. But our barriers are nothing compared with theirs, and we have to make every effort to bring theirs down...

Author: /time Magazine | Title: Business: Free Trade v. the New Protectionism | 5/10/1971 | See Source »

...seriousness and efficiency. Observing that Japanese exports are the most vulnerable part of the economy, he suggested that mercury-tainted tuna might be "the first glimmer on the horizon" of a new fact: "Japan's pollution problem is being internationalized." and could form "a new kind of nontariff trade barrier...

Author: /time Magazine | Title: CONSUMERISM: Nader Samurai | 2/1/1971 | See Source »

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