Trade tensions rise as US Congress pressures Japan
The Senate overwhelmingly urges Reagan to impose tariffs and quotas on Japan unless Tokyo offers concessions similar to white house auto import limits. Prime Minister Nakasone defends reforms as Tokyo considers liberalization, signaling a fragile Washington Tokyo rapport amid a $23 billion annual US export flow.
MENTIONED IN THIS ARTICLE
Washington
Tokyo
Congress
Japan
House
Senate
Reagan
White House
Liberal Democratic Party
Ministry of International Trade and Industry
MITI
Capitol Hill
Yasuhiro Nakasone
Nakasone
East Asia
Western Pacific
America
Tax-time Turmoil May Spur Reform
Millions faced a chaotic tax season with the IRS backlog and a faulty $103 million computer causing unprocessed and mistaken returns. Critics urge Congress to fix exemptions and loopholes, and Reagan to push basic reform and a tax cut, amid debate over a $300 billion three-year deficit plan.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
IRS
Congress
Reagan
Nicolas von Hoffman
Senate Finance Committee
The
Sacramento Union
Gorbachev Invited by Iowa Activist Plans Visit
Des Moines reports that John Chrystal of Coon Rapids plans to invite Mikhail Gorbachev to Iowa as a sequel to Khrushchev's 1959 farm visit. Chrystal, Roswell Garst's nephew and long time Soviet liaison, expects a late June meeting and argues a U S visit could thaw relations. He will not consult the State Department first, asserting the invitation stands on its own.
MENTIONED IN THIS ARTICLE
Des Moines
Mikhail Gorbachev
United States
Reagan
White House
John Chrystal
Coon Rapids
Iowa
Gorbachev
Nikita Khrushchev
Chrystal
Roswell Garst
Khrushchev
Soviet Union
State Department
Garst
U.S. Agriculture
United Nations
Walter Mondale
Branstad
Taxed by clever lawmakers with no warning
The piece warns Congress to avoid cratogenic tax changes that harm households and economies. It likens tax effects to adverse drug reactions, urges cautionary statements, and criticizes the push for flat taxes and loophole closures without revenue loss or long term harm considerations.
MENTIONED IN THIS ARTICLE
Congress
My graph of tomorrow from a grandma’s memory
Ashley Cooper notes that young people are busy with today and that older adults can foresee future trends. He recalls his grandmother born in 1834 and uses her era to project population growth, birth control, and future tech, predicting floating cities, weather control, and three dimensional travel by 2135.
MENTIONED IN THIS ARTICLE
Maine
California
United States
Earth
Ethiopia
U.S
Hiroshima
Nagasaki
Mideast
Outer
Space
Also Mentioned on This Page
By Jack W. Germond
and Jules Witcover
Boston Harbor
Ashley Cooper
Chief
Russ
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