Word: tariff
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...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 its keep-out signs...
...selected U.S. and Soviet cities, and authorized the exchange of weather information with the Russians. Further, he has suggested several more substantive steps: a mutual reduction of forces in Central Europe, a treaty against the spread of nuclear weapons, a pact governing the peaceful uses of space, a tariff reduction for the Communist bloc, and the lifting of bans on travel by Americans in Albania, North Viet Nam, North Korea, Cuba and Red China...
...CHEMICALS. The Europeans insist that the U.S. eliminate the so-called Amer ican Selling Price tariff on certain chemicals, mainly benzenoids used in dyes, medicines and plastics. The A.S.P. taxes these goods not on their actual value but on the market price of the same products made in the U.S., which is often much higher. The result is chemical tariffs running as high as 172%. The U.S. is willing to cut the A.S.P. in return for European concessions in other areas, but both sides are still far apart...
...ALUMINUM. The Common Market is trying to retain its present 9% tariff on primary aluminum, but has offered to admit a token quota of 100,000 tons at a lower rate of 5%. The U.S., which levies 51% on aluminum, and other countries want the Common Market to reduce its basic rate, would prefer to make aluminum duty-free everywhere...
...STEEL. The Common Market has of fered to halve its nominal steel tariff of 14%. But the other negotiators point out that 14% is a rate that existed in 1952. Since then, average Common Market steel tariffs have, in fact, been reduced to 9%, and it is this rate the others want cut by half...