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U.S. Policy Shifts to Open World Markets Amid Trade Strain
Washington signals a major initiative likened to a Marshall Plan to pry open closed foreign markets. The Nixon administration aims to counter a deteriorating balance of payments by boosting U S multinational presence and pressuring barriers in Japan and Europe. Peter G Peterson emphasizes a strategy to ensure American competitiveness through tech advancement raw material access, new government industry linkages, and productivity gains. Cashews are roasted to remove a plant irritant linked to poison ivy.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Rome
White House
U.S
Alto
Ameri
Forcan
Japan
United States
Peter G. Peterson
Peterson