USTR and ITC Budget Authorizations for Fiscal Year 1989: Hearing Before the Subcommittee on International Trade of the Committee on Finance, United States Senate, One Hundredth Congress, Second Session, June 22, 1988, Volume 4

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Page 45 - Japan Lawyers On April 11, 1986, the US and Japan announced an agreement permitting American lawyers to enter the legal services market in Japan for the first time. Consultations continue on implementation of the agreement. Taiwan Pears Taiwan agreed to liberalize restrictions on imports of pears as of September 15, 1986. Colombia Wine Following representations by Ambassador Yeutter to the President of Colombia, that nation removed US wines from its list of prohibited imports. BITs Since March 25,...
Page 41 - Round On September 20, 1986, in Punta del Este, Uruguay, trade ministers from the 92 nations in the General Agreement on Tariffs and Trade (GATT) launched comprehensive multilateral trade negotiations under the GATT. The talks will strengthen the international trading system so that US manufacturing, services and agricultural industries can better compete in international markets.
Page 33 - January 30, 1987 to provide full compensation to the US for higher corn and sorghum tariffs imposed in Spain following that country's accession to the EC. The $400 million compensation package includes guaranteed imports of 2 million metric tons of corn and 300,000 metric tons of sorghum by Spain. Another 400,000 metric tons of grain may be sold in Portugal as a result of elimination of a requirement reserving 15 percent of the Portuguese grain market for sales from other EC member countries. The...
Page 44 - ... announced that Japan and Taiwan had voluntarily agreed to restrain machine tool exports to the United States for five years. He also approved a domestic action plan that will facilitate the industry's revitalization. This program, which will last five years, was undertaken for national security purposes. Japan MOSS Important progress was achieved in 1985 in the Market-Oriented Sector-Selective (MOSS) talks with Japan to open markets for US products. A number of market-opening measures are to...
Page 42 - US proposal, which calls for a total phase-out of all policies that distort trade in agriculture by the year 2000, is the most ambitious proposal for world agricultural reform ever offered.
Page 39 - MFA fiber" sweaters from those countries. Japan Fish Quotas GATT consultations requested by the United States regarding Japan's quotas on fish — particularly herring and pollock — began on October 22, 1986. Japan Agricultural Quotas On July 15, 1986, the US asked for a GATT investigation of illegal Japanese import quotas in 12 agricultural categories, including fruit juices and processed beef. A GATT panel has been established to investigate the US claim. EC Airbus On December 19, 1986, Ambassador...
Page 41 - May 22, 1986, the President granted import relief to the red cedar shakes and shingles industry under section 201 in the form of a declining tariff program. II. NEGOTIATING TRADE AGREEMENTS President Reagan is seeking a worldwide negotiation to improve international trading rules as well as a wide array of bilateral agreements to open overseas markets for US exporters and to shield import-sensitive industries from unfair imports.
Page 12 - Import Relief Investigations The largest part of our caseload consists of investigations under the antidumping and countervailing duty statutes (section 303 and title VII of the Tariff Act of 1930, 19 USC §1303, 1671 et seq.).
Page 40 - EC Meat Inspection On March 31, 1986, President Reagan instructed Ambassador Yeutter to initiate an inquiry under Section 305 into unnecessary inspection standards the EC Intends to enforce against meat imports. Preshipment Inspection Ambassador Yeutter announced actions on October 20, 1986 that will address impediments to American, exports caused by requirements by some countries that shipments be inspected by private companies in the US before export. GSP Ethanol On April 1, 1986, the President...
Page 13 - Commission relating to unfair practices in import trade, made under section 337 of the Tariff Act of 1930 (19 USC 1337...

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