Word: trade
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Dates: during 1950-1959
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...replace the World War I .30-cal. machine gun with the new M60, or to come up with a tank to match the Russian T-54 now in the field. "For $5 billion worth of troop equipment," cracked one division commander last month, "I'd trade Huntsville away in a minute...
Steel Industry, Union Trade Charges...
...possibility of a partial rather than an industry-wide union strike was raised by Iron Age, the industry trade publication. Relations between the union and companies, though still friendly, began to get a bit more edgy. The union contended that the steel industry mutual aid plan caused the tenseness...
...motorcycles, was no competition at all for the U.S. Today, Italian generators, locomotives and textile machinery-often built in plants constructed with U.S. economic aid-are pressing U.S. products hard in markets all around the world. While exports of U.S. manufactured goods were dropping 10% last year, Italian trade with Venezuela rose 34%, with Egypt 81%, with Indonesia 142%. Any customers the Italians overlooked were fair game for the busy West Germans. Not long ago U.S. manufacturers worried about German bicycles and other consumer goods. Today the Germans are supplying major elements of a refinery in Argentina, providing the pipes...
...where will the $600 million bankroll come from? Ghana, which enjoys a trade surplus as the world's biggest producer of cocoa, can ante up $70 million. This month it will send a team of ministers to Washington to dicker with the World Bank and U.S. foreign-aiders, who regard Ghana as a first-rate investment risk. Says Aluminium Ltd. of Canada, which has rights to Ghana's major bauxite reserves and sees the Volta plan as an eventual certainty: "We would be interested in forming a consortium with U.S. firms to develop the project...