Word: yeutter
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...dollar against major industrial currencies over the past three years, which has made U.S. exports less expensive in foreign countries, is at last having a substantial impact. Among the products selling particularly well in overseas markets: aircraft, office equipment and telecommunications gear. Says U.S. Trade Representative Clayton Yeutter: "The lower dollar has thrown open doors that were closed to American exporters for much of the decade." Says Robert Ortner, an Under Secretary for Economic Affairs at the Commerce Department: "This is a genuine export boom...
...Administration has long been pulled in different directions over its trade policy toward Japan. While State Department and National Security Council officials stress Nakasone's role as a faithful ally, the Commerce Department and U.S. Trade Representative Clayton Yeutter want to persuade Japan to open its markets more to American goods. In recent weeks the Administration has been using a double-edged strategy of showing understanding for Japan but pressuring the Japanese to do better...
...conversations with Nakasone and other officials in Tokyo, U.S. Trade Representative Clayton Yeutter and Agriculture Secretary Richard Lyng urged Japan to act quickly to open markets. Still, the Japanese refused to discuss with the U.S. any lifting of an import ban on rice, a staple of the local economy. Said Lyng: "We are not going to wait forever...
...Japan were headed for what could become a major trade row. In fact, Tokyo TV commentators described the event with the phrase Kaisen zen- ya (the eve of war), an expression used to describe the days before Pearl Harbor. In Washington, U.S. Trade Representative Clayton Yeutter, while insisting that a trade war was not at hand, nonetheless called the confrontation a "serious dispute...
...Nakasone has not made a single appearance on behalf of local candidates -- because no invitations were extended to him. Jokes one Tokyo academic: "If President Reagan is a lame duck, our Prime Minister is a dying duck." Nakasone probably did not feel any better after U.S. Trade Representative Yeutter told a Senate Finance Committee hearing that he could not understand why Japan was planning to introduce the value-added tax. Replied Japanese Government Spokesman Masaharu Gotoda: "The tax system is our country's internal affair...