Word: renews
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Dates: during 1990-1999
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Dean of the College L. Fred Jewett '57, in consultation with President Neil L. Rudenstine, has decided to renew the Liems' appointment for the next two years. That the normal appointment is five years indicates that Jewett may have had his doubts. It's too bad he didn't listen to them...
This June, President Clinton and Congress must decide whether to renew China's Most Favored Nation (MFN) trading status. While the Clinton administration and members of Congress are rightly concerned about China's poor human rights record, they would be making a grave and counterproductive mistake if they linked renewal of China's MFN to China's human rights performance...
...status would not only fail to produce the policy's desired effect (i.e. better human rights for the Chinese), but could actually lead Deng's government to grow more intransigent on human rights, and, in general, more recalcitrant in its dealings with the United States. Failure to renew MFN would rightly be perceived by China as a kind of economic ultimatum; this perception could start a vicious circle of political retaliation. China could decide not only to treat its pro-democracy dissidents more severely, but it could choose not to cooperate on other issues important to U.s. interests, like pressuring...
Failure to renew China's MFN status could provoke an all-out trade war between China and the U.S. The Chinese government could impose high tariffs on American products and effectively threaten many of the 200,000 U.S. jobs that depend on the $9 billion in goods and services that the U.S. exports to China. Giant companies like Boeing and AT&T would quickly be overtaken by their Japanese and European competitors...
With the recent passage of GATT, a hard-fought victory for free trade, it would be a serious error to start encouraging trade wars and undo the great progress that has been made towards a more cooperative world. There are also many humanitarian reasons to renew China's MFN status and preserve free trade, since the free movement of goods and services almost always leads to freer societies...