Word: protectionists
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Dates: during 1960-1969
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...feeling has been most clearly evident on Capitol Hill, where an influential coterie of Senators led by Minority Leader Everett M. Dirksen and Majority Whip Russell Long are pressing for the tightest protection of U.S. goods since the bad old days of the 1930 Smoot-Hawley tariff.* If the protectionist Senators-dubbed "the coalition of retreat" by Hubert Humphrey-were to succeed, they would impose strict quotas on more than 75% of dutiable U.S. imports...
...first state visit there and their fifth meeting. "I want you to feel at home in my house, as I do in yours," L.B.J. beamed at his friend. This accentuated mood of friendship prevailed, although in a speech before Congress Díaz Ordaz sternly warned against protectionist trade tendencies in the U.S. But the visit's highlight was clearly the celebration of the Chamizal affair's settlement...
That was before last week, however, when Long and the Senate began to get flak from the anti-protectionist side. Angry protests poured in from Britain, Australia, Canada, Japan, Denmark, Finland, Sweden, Norway and 14 Latin American nations. The six Common Market members sent six separate notes of protest. The complainers intimated that if the U.S. insisted on being protectionist, they would refuse to ratify the Kennedy Round agreement. Moreover, under present GATT regulations, they are free to put quotas of their own on imports from...
...trade liberalization on every one of these issues, much that has been gained over the past four years of the Kennedy Round could easily be lost. And let's not kid ourselves, unless we have the full support of the President the chances of resisting self-interest and protectionist forces will be small...
...comparative failure to persuade other countries to end nontariff trade barriers, such as quotas, border taxes and import licensing. "We couldn't ship any steel into Japan if we gave it away," complains Chairman Edward J. Hanley of Allegheny Ludlum Steel Corp. "It's embargoed." Similar protectionist obstacles cover hundreds of products, from U.S. coal (barred from Britain and the West German Ruhr) to whisky (which cannot be advertised in France). These problems highlight the fact that nontariff barriers now loom as the foremost remaining obstruction to trade...