Word: protectionists
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...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...
...Justice Lucien Cardin, 48, and Privy Councilor Guy Favreau, 49, who are both ailing and wanted to quit. Into the largely ceremonial privy-council post, where he can continue his study of the Canadian economy, moved former Finance Minister Walter L. Gor don, 61, who is noted for his protectionist economic philosophy...
...talks had reached an impasse over Washington's reluctance to lower tariffs on imported chemicals and European resistance to lowering duties on American farm products. Humphrey warned that if agreement was not reached by the deadline at month's end, the U.S. Congress-now in an increasingly protectionist mood-was not likely to renew the 1962 Trade Act that authorized the five-year tariff negotiations. Warned Humphrey: "It's now or never...
...Financial Times last week advocated "a policy to control American investment," something France already tries to do, but not too successfully. Carried far enough, a policy of straitjacketing American companies would not only invite reprisals but would also tend to stagnate Europe's standard of living. Protectionist moves no longer succeed in Europe as they once did. With easing tariff barriers inside Europe, American firms escape unwelcome restrictions by shifting planned plants a few miles across a border. After several U.S. companies put factories in Germany or Belgium instead of France, De Gaulle's government took down...