US Modifies Japan cellular tariff stance in Motorola case
The Clinton administration accused Japan of a clear cut violation of a 1989 cellular phone pact and moved to impose punitive tariffs worth hundreds of millions. USTR Kantor signaled further hard line steps tied to Japan’s $60 billion trade surplus, aiming to open their market to U.S. tech and Motorola. Sanctions await a public list of targeted products after a 30 day comment period, with full tariffs possible if no deal within two months.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Japan
U.S
Mickey Kantor
America
Kantor
Motorola Inc
United States
Motorola
Christopher Galvin
Trade talks hinge on targets for Japan access
The administration demands numerical import goals to reduce the U S trade deficit with Japan in autos health products and insurance while warning of alternative options if Japan rejects the framework. Congressional leaders praise the stance and urge Japan to accept import goals as Gannett and Gephardt warn of potential congressional action if markets remain closed.
MENTIONED IN THIS ARTICLE
Japan
U.S
Ing
America
Senate
Bob
Dole
Kansas
Congress
House
Richard Gephardt
D-Mo
Budget amendment clash in four day Senate hearings
The Senate Judiciary subcommittee opens four days of hearings on a constitutional amendment to balance the federal budget. Senator Paul Simon as chief sponsor argues for discipline, while Senator Robert Byrd calls for tough, realistic choices. White House witnesses including Panetta Reno Shalala Brown and Perry are pressed on cost controls tied to health reform and deficit reduction. Tsongas warns debt imperils future generations, while business and farm groups echo concerns. The vote target nears 67 votes, with seven years for ratification by states.
MENTIONED IN THIS ARTICLE
Washington
Paul Simon
D-lill
Judiciary
Dirksen Senate
Robert Byrd
D-W.va
Byrd
Appropriations Committee
White House
Leon Panetta
Clinton
Janet Reno
Donna Shalala
Health and Human Services
Jesse Brown
Veterans Affairs
William Perry
Defense
Simon
Paul Tsongas
Massachusetts
Tsongas
Concord Coalition
America
U.S. Chamber of Commerce
National Taxpayers Union
Kenttucky Bureau
American Farm Bureau Federation
Senate
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