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Proposal Aims to Avert International Trade War
Washington AP reports Sen. Hale Boggs proposes changing GATT rules to permit temporary import restrictions when domestic industries suffer. He notes textile and shoe quotas are under House Ways and Means review and warns that strict quotas could trigger retaliatory limits and a broader protectionist slugging match.
MENTIONED IN THIS ARTICLE
Washington
Senate House Economic Subcommittee On
Hale Boggs
D-La
Boggs
House
Ways and Means Committee
GATT
United States
U.S