Word: tariffs
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...preoccupied with Cuba, Berlin, Laos-and chickens." Konrad Adenauer confided not long ago that he and President Kennedy have had voluminous correspondence during the past two years, "and I guess that about half of it has been about chickens." Last week the cause of all this chicken talk-tariffs-took an unexpected turn. Into effect throughout the Common Market went a raised tariff on imports of U.S. chickens-just when the U.S. thought that the levy was about to be lowered...
Naked Europeans. Despite France's aversion to tariff-cutting, U.S. negotiators at Geneva hoped to achieve far-reaching liberalization of world trade through President Kennedy's Trade Expansion Act. Special Envoy Christian Herter and his 20-man delegation - who were dubbed "Onward Christian's Soldiers" by the press corps-aimed for an agreement whereby Europe and the U.S. would make big, equal, across-the-board percentage cuts on huge categories of goods. Nothing doing, retorted the Europeans, who pointed out that U.S. tariffs are generally higher than Europe's, while the highest U.S. tariffs cover...
...John F. Kennedy. It calls for both sides to make equal, across-the-board percentage reductions, as proposed by the U.S.-though they will probably fall far short of the ideal 50% envisaged by Washington. In return, the U.S. agreed in principle to make drastic cuts in the highest tariff categories. Since the fine print will not actually be negotiated until May 1964, some U.S. and British officials were fearful, as one put it. that "France has only moved her roadblock down the road...
...from their supporters. To appease all segments of both parties, Lloyd George by turns advocated peace in Europe and war in the Middle East; he urged rapprochement with Soviet Russia and vowed uncompromising hostility to the Bolsheviks; he paid lip service to free trade, yet at times also supported tariff protection for Empire trade...
...inside towering U.S. tariff barriers, West Germany's Minox has started to assemble its cameras on Long Island, and Italy's Montecatini chemical complex has put $20 million into a plant in West Virginia to produce its new Merkalon synthetic fiber. (The U.S. Government welcomes Montecatini's settling in West Virginia, and the decision of Japan's Sekisui Chemical Co. to build a factory to make polystyrene foam in Hazelton. Pa., because they bring jobs to areas of chronic unemployment.) The French aluminum producer Pechiney bought control of New York's Howe Sound to gain...