Abstract

Everybody's Business

Hutchison, Keith | January 4, 1947 issue

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American delegates to the recent preparatory conference of the International Trade Organization encountered a good deal of skepticism about the ability of the present U.S. Administration in Washington to implement its own proposals for the freeing of world trade. How far was the U.S. prepared to go, representatives of other countries were apt to ask, in lowering its own tariff walls? Was it willing to plan for a permanent import balance so as to permit foreign creditors to pay their debts to America and to continue buying American goods? It was not easy to provide reassuring answers to such questions; it has become still harder to do so since the elections and the remobilization of the protectionist storm troopers.

See Also:

CONGRESSES & conventions; TARIFF; EXPORT subsidies; UNITED States -- Politics & government; INTERNATIONAL trade; COMMERCIAL policy; ECONOMIC policy; UNITED States
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