Word: tariffers
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...winter resort town of Torquay, on the south coast of England, the U.S. and 33 other nations wound up seven months of give & take discussion on cutting tariffs. When the U.S. totted up the results of the conference last week, it found that it had given more than it had taken. The U.S. granted tariff cuts up to 50% on $419 million of imports (as of 1949). The cuts apply to such strategic metals as lead, chrome and vanadium, and such luxuries as orchids and champagne. In return, the U.S. got tariff reductions from other nations...
...persuaded Canada to lower tariffs on 261 items; it failed to wring a single important concession from the rest of the British Commonwealth. But since the U.S. offered its tariff cuts to all countries participating in the conference, the British Commonwealth got the benefit of U.S. cuts anyway...
...months, 1,000 experts from 34 countries met in Torquay, British seaside resort, in an attempt to increase world trade by lowering national tariff barriers. Last week, as they prepared to quit, 150 bilateral pacts to reduce tariffs were ready for signing...
...British and Americans, often the closest partners at international conferences, had been unable to reach a tariff agreement. In spite of offers of substantial U.S. concessions, British Commonwealth nations refused to give up their imperial preference system. Under this system, formally established at the 1932 Ottawa Conference, goods moving within the empire pay lower duties than goods entering empire areas from countries outside the empire. The U.S. offered to lower its own tariff bars if the British would reduce trade discrimination based on empire preference. The British refused, partly because they believe that their long-range economic security depends...
...rest, he ruled by bottleneck. Reform bills were killed or emasculated in committee. So many died in the Judiciary Committee that it came to be known as "the Morgue." Immigration control, income tax, tariff revision and currency reform were strangled or mangled beyond recognition. "Not one cent for scenery," snorted Cannon when his own party proposed forest conservation...