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Publication: European Stars and Stripes Sunday, September 29, 1985

You are currently viewing page 18 of: European Stars and Stripes Sunday, September 29, 1985

   European Stars and Stripes (Newspaper) - September 29, 1985, Darmstadt, Hesse                                Page 18 the stars and stripes sunday september 29, 1985 . Textile Industry employment in millions of persons 2.45 2.19 1.96 Reagan s new Trade policy 1973 1979 1984 jobs lost 1973-1964 493,000 pm Vujo to freq g pc. Sou am apvivj.imfllw3 cd fun 4 tort ii we cars a i  lads Gannett a care unon by Steven v. Roberts new York times c congressional leaders believe that president Reagan s speech last week outlining a new Trad policy would probably not be sufficient to head off More stringent legislation aimed at protecting american industries from imports. The president announced a package of Trade actions which with a coordinated International attack on the High Dollar Are aimed at blunting a surge of protectionist pressures in Congress. The new presidential proposals will make it easier for american companies and the . Government to pursue unfair Trade complaints against foreign countries and to fight piracy and counterfeiting of intellect Lonal property protected by patents and trademarks. The proposals also Call for a $300-Mlllion fund to counter subsidized financing by other countries that mix eld and Liberal credit terms to win contracts away from american companies. Until now Reagan has steadfastly opposed protectionist legislation. . Political Leader generally praised Reagan Tor responding to congressional concerns and recognizing the damaging Impact of the nation s Trade deficit which could reach $150 billion this year. But Many said they remained unconvinced that the. President was willing to move fast enough or far enough to remedy a problem that is president outlines policy. Cos Long jobs in Many states and congressional districts around the country. Many lawmakers say they feel great pressure from their constituents to take action on the Trade Issue and they believe that the while House has be to grasp the political significance of the problem. It s a step in the right direction said sen. Lloyd m. Belsen of Texas a leading democratic voice on Trade. Bui i want to see the follow through. For a Man to change his mind so quickly i want to make sure his heart is in  one speech does not make a Trade policy added sen. John c. Danforth the Missouri Republican who Heads the Commerce science and transportation committee. I want to see if it s implemented. He touched All the right Points but the question to where do we go trom Here Botti lawmaker predicted that Congress would Stilt pass Bills rolling Back current import Levels for textiles and shoes. The real Issue they added was whether the Republican controlled Senate would be Able to override an expected veto by the president. Congressional sources reported last week that Senate sponsors o1 the textile Bill were working on a revised version. The original Bill would reduce textile imports by As much As 40 percent from 12 countries most of them in Asia. The Point of the revisions is to make the Bill More acceptable to  said Dale tale an assistant to sen. Bob Dole the majority Leader. Another Republican aide said that supporters of the textile measure were trying to determine whether a weakened Bill would pick up any  particularly in a Battle to override a veto. However. Dole believes that even a modified textile Bill would probably not satisfy the White House. Tale said. In addition Senate foes of the textile Bill announced that they would stage a filibuster when it reaches the door. Sen. Daniel ,1. Evans r waste called the textile Bill a real expression of american weakness and added if All we build for american Industry is barriers against imports i am convinced we will simply Trade a questionable Short term Benefit in one Industry for longer term Cost increases to Consumers and reduced competitiveness with foreign firms and that s a bad Deal All the Way  republicans in particular expressed Relief that Reagan had finally listened to their pleas and taken the Trade Issue seriously. Dole issued a statement saying that the president s speech should help Cool the protectionist fires on Capitol  rep. Robert h. Michel of Illinois the Republican Leader in the House added that the president s More activist approach to Trade was a very positive signal to lawmakers who represent districts suffering Tom foreign Competition. Both Republican Leader have expressed the fear recently that the Trade Issue could become a major problem for their party in next year s elections and possibly return the Senate to Democrat la control. Even rep. James c. Wrightjr. Of Texas the second ranking Democrat in the House said it was somewhat reassuring that Reagan seems to be Awakening at last to the reality of the Trade deficit and its devastating Impact upon american jobs and America s declining Industrial  but there was far less Praise for the specific remedies announced by Reagan. If i were a trading partner of the .," said rep. Richard a. Gephardt d-mo., i would breathe a sigh of Relief because the president s statement is All talk and no  i believe the president has proposed some sound initiatives said rep. Oly Rupla j Snower male but they fall to address the very real and immediate problems facing Maine s industries and  for instance Many lawmakers said Reagan did not need any new Powers to combat unfair Trade practices by foreign governments because he has refused to use the Powers he has now. Simply adding to his Powers is not Likely to produce any tangible results said rep. Don Bonker a Wash. Congressmen also expressed Kepl scism Over the president s creation of a strike Force to identify unfair practices by America s trading partners. After live years in office you would think the administration would know what an unfair Trade practice  Ink or who Heads a democratic working group on Trade policy  
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