Word: tariffs
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
This concerns the trade agreement on which Nixon and Brezhnev shook hands in Moscow last May. That agreement promised a vast expansion of the two nations' meager level of trade ($200 million in 1971) through tariff reductions and long-term credits. What the Russians regard as the key element of the deal-treatment of Russian imports on a "most-favored-nation" basis* -requires congressional approval...
...negotiators warned the Soviets last May that the preferred tariff treatment they sought would need approval by a finicky Congress. But in August, Moscow began levying its now celebrated "education tax" on would-be emigrants. It is a tough measure; a younger Russian who has benefited from training at a state university might be required to pay an exit fee of as much as $30,000. The tax is not discriminatory per se, because-the fact is often overlooked-it applies to all Russians. But it falls heavily on Jews, a large percentage of whom are university-trained...
Nixon gave a notably bellicose ring to these proposals. He had no intention, he said, of just negotiating another round of world tariff cuts. "We have gone into too many negotiations abroad in which all we have done is to negotiate down whereas others have negotiated up," the President said. With Orwellian logic, he added: "In order to get a policy of freer trade, we must always have in the background protection...
...already immersed in talks aimed at simplifying the complex system of wage and price controls and turning it into a form of jawboning-with teeth. Edward L. Morgan, 34, will move from John Ehrlichman's Domestic Council to the post of Assistant Secretary of the Treasury for Enforcement, Tariff and Trade Affairs and Operations. Two other members of the Domestic Council also shifted: Egil Krogh Jr. was named Deputy Secretary of Transportation, and John C. Whitaker became Under Secretary of the Interior. These changes are part of the Nixon design to put trusted White House loyalists in charge...
...power and those seeking power are sharply divided on the issue. One of the greatest ways to embarrass this government would be to issue it an invitation to join the European Economic Community." That is not likely to happen, although the EEC is about to allow Spain generous tariff reductions on industrial goods and most agricultural products...