European Stars and Stripes (Newspaper) - November 10, 1985, Darmstadt, Hesse S to lived in astpe.shecctu�t03mttte, it nyx. E toward protectionism9 support faces an Uphill Battle in the Republican controlled Senate. He Calls it a serious policy proposal and an about lace from his Long standing free Trade views. I see the manufacturing base of my country eroding he says. Bentsen however makes Clear that when the democrats set out next year to recapture the Senate majority they lost in 1980, they May be carrying his Bill As a weapon to club free trading republicans on the stump. Of that s too bad the most often courtly senator says in a voice dripping with sarcasm. I m sorry. I d be much happier if it weren until last month the White House had held firm As a bulwark of free Trade. Reagan s primary move was to arrange. In a january meeting with Nakasone negotiations aimed at loosening japanese barriers. Progress in the talks was hard to gauge and statements from the administration ran hot and cold. Prodded by Congress however the White House is taking action. Treasury Secretary James a. Baker Iii and finance ministers of the four other major industrialized nations met in new York in september and worked out an agreement to drive Down the value of the Dollar against the other major currencies. The Dollar began dropping the next Day. And the administration predicts results in terms of . Sales in months ahead. . Trade representative Clayton k. Yeutter s office is drawing up legislative proposals designed to Spur exports and pressure trading partners to lower barriers As Well As lure away votes from protectionist Bills. Reagan has set a dec. 1 deadline for a decision on retaliation in two cases of alleged unfair Trade practices being considered by Yeutter. Too Little and Loo said shoe Bill proponent Cohen alter a recent Reagan speech. Strong Dollar and Low Watti 10,1985 in a have m . To Lett Industry to comp Hon from imported Wadi Hurt the a Amtulla Milf plonk in and envy . The stars and stripes Page 15
