Word: pacts
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...free-trade agreement would provide a welcome counterpoint to the protectionist feeling that is piling up rapidly in Washington over the doleful American trade deficit, even though much of that ire is focused on the No. 2 U.S. trading partner, Japan. Without a pact, Ottawa fears, the U.S. Congress will indiscriminately freeze more Canadian goods out of U.S. markets. In the past year, Canada has been bruised in fights over exports to the U.S. of softwood lumber used in housing and other timber products; it is now under pressure to avoid enlarging its nearly 3% share of the $32 billion...
...officials say a Euromissile pact would be the most promising result of the Geneva-based superpower arms control talks. But they have cautioned against expecting a breakthrough toward a treaty during the current visit...
...Brazilian posture was outlined by Finance Minister Dilson Funaro in a speech he gave last week before the ruling Brazilian Democratic Movement Party. Funaro repeated his vow to withhold interest payments until a debt- restructuring agreement is worked out. Any pact, he said, must involve a reduction in Brazil's interest obligations. Such a decline is necessary, Funaro argued, in order for the Brazilian economy to expand...
Much about the semiconductor pact is indeed questionable in economic terms. Among other things, it raises the costs of American manufacturers who use the devices to build computers and other products, thus making them more vulnerable to foreign competition. But to U.S. trade officials, the evidence of alleged Japanese dumping and Japan's refusal to open domestic semiconductor markets were the last straw. For one thing, the ink on the semiconductor agreement was barely dry before, in Washington's view, it was being ignored. For another, that Japanese behavior seemed to U.S. officials to be part of a familiar Japanese...
...various vicious species of ants. Careful negotiations with the appropriate power-brokers in royal ant courts will yield HIACAs (Hordes of Insect Anti-Commissary Agents. The little red merchants of spoliation, dropped over Soviet supply depots from tiny drone planes, could chomp their way toward a Warsaw Pact surrender...