Word: tariff
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...administrator of price supports, production control and storage programs . . . Lashes Earl Butz's laissez-faire policies . . . Believes in farm price supports, backed by stockpiling if necessary . . . Says that "the free market system ends at our borders-in the world market we must deal with governments" . . . Wants a protective tariff on imported sugar...
...hour cabaret act at the Diplomat Hotel in Hollywood, Fla. Bubbles Liza: "I've been dreaming about this ever since Sammy jumped onto the stage in the middle of my act at Harrah's in Tahoe a few years ago. We had a ball." Considering the tariff, Diplomat revelers can only hope they will...
...sales in 1975, but are getting only 13.8% now. What is more, nearly all the foreign automakers last spring were targets of complaint to the Treasury that they were dumping cars in the U.S.-that is, selling them for lower prices than in their home countries. To escape a tariff increase, most of the foreign makers agreed to raise their U.S. prices-by coincidence or not, about as much as Detroit's prices will...
...Reduction of tariff barriers between rich and poor nations...
Reflecting Friedman's antipathy to government intervention in the economy, Chile has sold many state companies to private investors at bargain prices. The swollen bureaucracy has been slashed drastically to reduce government spending. Some price controls have been lifted. Tariff restrictions are gradually being eased, in the hope that foreign competition will force local industry to become more efficient...