Word: traded
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Dates: during 1960-1969
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...reluctance to lower tariffs on imported chemicals and European resistance to lowering duties on American farm products. Humphrey warned that if agreement was not reached by the deadline at month's end, the U.S. Congress-now in an increasingly protectionist mood-was not likely to renew the 1962 Trade Act that authorized the five-year tariff negotiations. Warned Humphrey: "It's now or never...
Castro realizes all too painfully that his own campaign in Latin America-in the form of his vicious little "wars of liberation"-has been a dismal failure. Russia's new emphasis on broader trade and diplomatic relations can only further hamper that campaign. For their part, the men in power in Latin America see it as an opportunity to drive an even deeper wedge between Moscow and Havana, and possibly even get Russia to tone down Cuba's guerrilla wars. Venezuela's own Communist Party, for example, recently called for a "tactical withdrawal" from guerrilla...
Drowsily Dependent. Pentothal Sodium (actually a trade name for thiopental sodium), like such related barbiturates as Amytal Sodium and Nembutal, is a depressant that loosens the tongue in much the same way that whisky does. It often alters consciousness enough to make a patient drowsily dependent on the doctor, who then can coax him into spilling information that he has been withholding. By bringing a patient's repressed feelings into the open, truth drugs can be of considerable help in psychiatric therapy...
...combined G.N.P. of the six Common Market nations has grown 52%, to $253 billion, while trade between them has skyrocketed by 238%, to an estimated $23 billion this year. Internal tariffs on agricultural goods have dropped more than 60%; on industrial products, they are down 80%. On July 1, 1968, eighteen months ahead of the schedule set forth in the Treaty of Rome, the last tariffs within the EEC will disappear. Also taking effect will be an agricultural program with common farm prices and supports, plus unified levies on imports from outside the Community...
...France returned, but since then the togetherness spirit of the Market countries has noticeably diminished. Among other things dividing the Six are the delicate questions of Great Britain's admittance-which all members except France strongly endorsed just two weeks ago-and adoption of a common policy for trade with Eastern Europe, which France likes to handle on her own terms...