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Kefauver Urges Cautious Support on Tariff Extension
Senator Kefauver wary of new language in Eisenhower draft that could raise tariffs under the escape clause. He backs a five year extension of the reciprocal trade program but confines changes to existing authority, noting potential 50 percent tariff rises under the new proposal. He cites Soviet trade gains from policy uncertainty and references a clothes pins tariff example.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Kefauver
D-Tenn
Tennessee
Ing
United States
NATO