Word: tariffs
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...Textile Workers Union has argued to the U.S. Tariff Commission that tariff walls ought to be raised against foreign cloth. The United Hatters, Cap & Millinery Workers International has organized a "Buy American" campaign aimed at retailers and the public, distributes handbills before some stores that sell chiefly imported headgear. Last year the 1,200-member local of the International Ladies' Garment Workers' Union in Roanoke, Va. struck the Kenrose Manufacturing Co. Inc., which had just opened a new plant in Ireland. The union won a company agreement to set aside part of its Irish profits to compensate workers...
...other splits develop within the pact. Great Britain, as the leader of the seven-nation European Free Trade Area, is becoming profoundly uncomfortable with the other economic axis, the "Inner Six" Common Market. The curious position of the Outer Seven's neutrals, the recent hardening of the Six' common tariff wall, and London's own indecision have, over the last year, made it more and more difficult for Britain to associate the Seven with the Common Market even if it should want to. Possibly the U.S. could use the Organization for European Economic Cooperation to exert pressure on the Seven...
...Year's Day, besides carrying out their third round of internal tariff reductions in a year, the European Economic Community's six members made their scheduled first move toward building a common tariff wall against the rest of the world. France and Italy, both high-tariff countries, lowered their duties the first agreed notch, Germany and the Benelux countries raised theirs a bit. By 1966 the Community, more familiarly known as the Common Market, should be fully operative. Then Italian Fiats and German Volkswagens, for instance, will be able to enter France duty-free, but the tariff...
Secretary of State John Foster Dulles, aware of his own insufficiency in economic matters, recalled Dillon in 1957 to be Deputy Under Secretary in charge of economic planning, gave him control over foreign aid and the tariff and trade programs. In 1958 Dillon's testimony helped persuade a skeptical Congress to pass the longest (four years) extension of the reciprocal trade program in history. He has taken an extremely tough line on the necessity of eliminating discrimination against U.S. exports. His Tokyo speech in October 1959 was the first public U.S. threat of drastic steps to come...
...Percentage Ploy. Last week, in Toronto on the last lap of a tour that included hearings in eight Canadian cities, the O'Leary Commission was mulling over proposals that included establishment of a tariff to keep out non-Canadian publications, subsidies and tax benefits for Canadian magazines-and doing nothing at all. The commissioners had heard much testimony in favor of the Canadian publishers' thesis, but here and there another voice was raised. Sardonically noting that as a regional publisher he had to contend with the same competition from Canada's national magazines that they complain...