Word: tariff
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Dates: during 1950-1959
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Turning the heat on the U.S. Tariff Commission, many U.S. manufacturers are asking and getting stiff tariff increases on competitive European products.* Other companies are insisting that U.S. Government agencies, which spend immense sums for equipment and supplies, must "Buy American"-in conformity with a 1933 law which prevents federal agencies from buying foreign goods unless they are at least 25% cheaper (after paying the U.S. tariff) than comparable U.S. products...
...press conference in Washington, Secretary of State Dean Acheson brought the situation into the open. The Italian government, he said, had recently complained to the U.S. about growing tariff restrictions and the Buy American discrimination. Specifically, Rome noted that U.S. manufacturers had persuaded the U.S. Tariff Commission to raise import duties on such Italian products as oranges, almonds, cheese and felt hat bodies. Said Acheson: "Inconsistencies in U.S. policies, caused by pressures for trade restrictions, weaken our world leadership...
Bryan heeded the call. In 1894, he tacked on to a Republican tariff bill an amendment levying a 2% tax on incomes over $4,000. The silver-tongued old king of corn stood in the House, wrapped like an animated tamale in an American flag, and forced his colleagues to hear and act. He cried shame on those who accused proponents of the amendment of "extending their hands to anarchy and Communism." He attacked Ward McAllister, a leader of New York's "400" who had threatened to leave the country rather than pay the tax. "If some...
...Grant Hungary most-favored-nation tariff concessions...
...American-style, expanding mass-market economy is the true aim of the Schuman Plan. By combining six nations' annual coal outputs, totaling 220 million tons, and steel outputs, totaling 38 million tons; by making products salable, tariff-free, in a market of 155,000,000 people; by making labor fluid, free to meet manpower supply & demand without passports; by sinking Europe's traditional tight little cartel islands which hold production down-by doing these things the Schuman Plan can liberate the European economy...