Word: traded
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Dates: during 1970-1979
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...completing the treaty's remaining 5%, that will require what U.S. diplomats call "end game trade-offs." One major example is the deadly accurate cruise missile, which the U.S. developed to offset ominous Soviet advantages in rocket size and power. Moscow had insisted that SALT II impose a 1,500-mile-range limit on cruises launched from planes; this would keep much of the Soviet Union beyond the weapon's reach. In September, however, the Russians indicated that they would drop this demand if a strict 360-mile ceiling were placed on the range of cruises fired from the ground...
...Trade. The Carter Administration attempted to use trade to pressure the U.S.S.R. But you have to stop using trade as a lever?or a carrot. Trade has to be a normal part of relations. In fact, there is no way to pressure us economically because the Soviet Union has a strong economy...
...diplomats therefore must try to come up with some formula by which the American embassy in Taipei would be turned into a nongovernmental institution that could still perform all the functions of an embassy. The U.S. needs to watch out for $7.5 billion in annual trade with Taiwan and $500 million in American investments there (Taiwan is the U.S.'s twelfth largest trading partner; Communist China is the 23rd). In addition, the Administration is determined to provide for the maintenance of Taiwan's 500,000-man armed forces...
...handsome," he remarked at a press conference for Japanese journalists, his own face cracking into a wide smile. China's target date for modernization is the year 2000, he said, conceding that the goal would be hard to meet. Crucial to China's development will be the $20 billion trade agreement that Peking has already made with Tokyo. Even that arrangement, he declared, "must be doubled and redoubled...
...interest, that Japan makes to developing countries as a form of foreign aid. The prospect of giving China such easy terms has alarmed many government officials. "It's foreign aid, pure and simple," said one bureaucrat, "and that's no way to finance a huge trade program with China...