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House Debates Free Trade vs Protectionism in Congress
In a heated national policy clash, the House weighs tax changes while gearing up for hearings on trade policy. Administration argues for free trade, while protectionists urge quotas and tariffs led by Bethlehem Steel and the American Iron and Steel Institute push to shield domestic industry and national security amidst a fragile trade balance. States move to curb imports with new contract provisions as June hearings loom.
MENTIONED IN THIS ARTICLE
John Cunnife
NEW York
House
Ways and Means
C. R. Smith
Sommerce
Smith
United States
Stewart Cort
Bethlehem Steel Corp
Armeerican Iron & Steel Institute
Cort
Steetmen
Office of Emergency Plarning
Washington
Penmsylvania
Ghigo
Indiana