Word: protectionists
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Dates: during 1970-1979
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...example, as sales become harder to make at home, businessmen are increasingly engaged in a bruising scramble to boost exports. Their efforts have led to a fresh surge of protectionist sentiment. British unions, for example, are demanding stringent import curbs to protect workers' jobs, and in the U.S. business groups are lobbying for limits on imports of shoes and color TVs. Over lunch last week in Brussels, angry officials of the European Community bluntly warned Japanese representatives that they would close the door to some Japanese goods unless the country moves swiftly to reduce its mammoth $4.2 billion annual...
...Barnet and Mueller recognize that the labor policies of the global corporations require the development of an international labor movement capable of dealing with a corporation as a whole, although they present a good account of the obstacles to such a movement. But they are also sympathetic to the protectionist maneuvers of conservative American organized labor, which have the effect of preserving the jobs of some American workers at the expense of accentuating sectional divisions within the working class at home and abroad, undermining the internationalism which they recognize is the only viable long-term strategy for fighting the global...
Another difficulty: the U.S. insists that its tariff-cutting formula be applied to agriculture as well as factory products so that American farmers can sell more food in the EEC. The Europeans consider their protectionist Common Agricultural Policy (CAP) a cornerstone of European unity and are reluctant to tamper with it. Even so, some sort of basic agreement on a tariff-cutting formula should be possible by this fall...
...aerospace industry, which despite a bad year still supplies 90% to 95% of the commercial aircraft flown outside the Soviet Union. The British take a similar point of view. In a joint statement, the French and British governments warned: "Any move by the U.S. which might be interpreted as protectionist or discriminatory would tend, throughout the world, to threaten the relatively free and uninhibited environment in which aviation products are bought and sold...
...summit participants also agreed on a resounding condemnation of protectionist measures that impede world trade, and pledged themselves by 1977 to bring to a fruitful conclusion the current round of world trade negotiations that is aimed at lowering tariffs and tearing down other barriers to the movement of goods across national borders. Americans had been concerned that the other heads of government might prod Ford to take the possibly inflationary course of speeding up the American recovery so that the U.S. would buy more foreign products. That fear proved unfounded. Said Secretary of State Henry Kissinger: "After the President explained...