Word: yeutter
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Dates: during 1980-1989
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...last week the U.S. and the E.C. proclaimed a cease-fire just before the first shot. On a TWA flight from Washington that arrived at dawn in Paris, U.S. Trade Representative Clayton Yeutter struck a last-minute deal with top E.C. officials. While the Community did not revoke Spain's new tariffs, it promised to take away their sting. The E.C. pledged that Spain would not reduce its imports of agricultural goods this year. The Portuguese measures, in any case, were not expected to have an impact until 1987. Satisfied that American farmers will not suffer any immediate losses, Washington...
...temporary accord will remain in place until Dec. 31. Meanwhile, trade officials will try to hammer out a permanent pact. "It buys time," concluded Frans Andriessen, vice president of the E.C. commission. Said a pleased Yeutter: "U.S. exports will be unharmed while we negotiate a fair settlement...
...benefit to the shoe industry might amount to little more than a stay of execution. After five years of protection, there is no reason to believe that the American shoemakers would be any more able to fend off foreign competition. Says U.S. Trade Representative Clayton Yeutter: "That was the major strike that the footwear industry had against it. If the industry could have demonstrated that it was likely to be price competitive in the future, we may have had a different position...
...Yeutter will need all of his practical skills, and maybe a miracle or two as well, when he enters the minefield of U.S.-Japanese trade relations. In the four decades since World War II, Japan has waged one of the most successful campaigns in the history of commerce, making its consumer products household names throughout the developed world. But American and European salesmen of everything from meat to microchips have complained for years that Japanese markets have been closed to them, even when they offered products superior to those produced locally. That was an annoyance when Japan was struggling...
...admit that Moscow will buy at least 6 million tons from other grain exporters, and Peter Rankin, director of food policy studies at Georgetown University's Center for Strategic and International Studies, estimates that the Soviets will be able to buy up to 11 million tons. Says Clayton Yeutter, president of Chicago's Mercantile Exchange: "In the end, the Soviets will get all they want. The effectiveness of the grain embargo will be zero...