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Nixon argues persuasively that he needs the new power in order to negotiate from strength at world-trade talks beginning in September. He will get an argument from protectionist Congressmen who want to require, rather than merely permit, higher tariffs or quotas on imports that threaten the prosperity of U.S. industries. The President prudently proposed to give Congress a veto over the way he might exercise many of the new trade powers that he is requesting. In a typical example, if he decided to grant "most-favored-nation" tariff status to imports from the Soviet Union, either House or Senate...

Author: /time Magazine | Title: The Nation: The Tariff Trade-Off | 4/23/1973 | See Source »

Britain ratified a separate protocol in 1969, pledging not to use or threaten to use nuclear weapons in the treaty territory; the U.S. ratified the same protocol in 1971. The Soviets and Chinese have so far ignored invitations to add their signatures. Since France has neither military bases nor obvious political ambitions in Latin America, its decision to join the treaty is mainly symbolic...

Author: /time Magazine | Title: The World: Another Small | 4/23/1973 | See Source »

...Societe Suisse pour ITndustrie Horlogere, even stated: "Free trade, as visualized in the last century, is dead. We are in a situation of haphazardly controlled free trade. If Texas cattle imports seriously disrupted the outdated European agricultural system, no Texas cattle would be allowed into Europe. If Japanese shipyards threaten American shipyards, ways will be found to protect the American yards." Sweden's Pehr Gyllenhammar, president of Volvo, agreed that it is uncomfortable to be invaded by the products of a country that has a keener competitive edge. "But," he asked, "will the U.S. recognize that because...

Author: /time Magazine | Title: A TIME SYMPOSIUM: Frank Discussion of Common Concern | 4/23/1973 | See Source »

...monopolists, he said, raise their prices regularly and threaten to cut off oil supplies if their demands...

Author: NO WRITER ATTRIBUTED | Title: Ecologist Calls for Energy Regulation | 4/19/1973 | See Source »

...most part information screened by a faculty advisor. Or else, publications tied to the school administration through subsidies think hard before printing anything which might provoke administration reprisals. It has not been unusual, particularly in the uneasy days of the late 60s and early 70s, for administrators to threaten, intimidate and even punish student editors by withholding or withdrawing funds...

Author: By Robert Decherd, | Title: Two Kinds of Shields | 4/17/1973 | See Source »

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