Trade deficit hits record high in April
The Commerce Department reports a record $14.5 billion U.S. trade deficit for April, up 9.5 percent from March. Exports fell 2.6 percent as farm product demand dropped, aircraft sales plunged, and telecommunications shipments slid, while imports eased 0.9 percent. Clinton administers currency intervention to steady markets amid Asia crisis. Japan's Hashimoto promises a banking rescue plan to restore confidence.
MENTIONED IN THIS ARTICLE
Washington
America
Asia
U.S
Commerce Department
Aicraft
Clinton
Japan
Commerce
William Daley
GOP pledges tobacco bill with Clinton sign promise
Washington observers note House Republicans plan a separate bill to curb teen smoking and expect President Clinton to sign it. Democrats attack the move as political leverage tied to Big Tobacco, while GOP leaders defend it as targeted action. Senate failure halted the broader measure, with leaders signaling a shift to smaller, FDA-regulated provisions aimed at youth.
MENTIONED IN THIS ARTICLE
Washington
Senate
Newt Gingrich
House
Clinton
White House
Congress
Dick Gephardt
GOP
RJR
Tom Daschile
D-S.d
Gephardt
Prp
Gingrich
Daschle
Get
John McCain
R-Ariz
Trent Lott
Lott
U S resumes Bosnia military training after protest pause
State Department spokesman James Rubin says training and related activities resume in Bosnia after a two week suspension over unification progress. The Federation's Defense Ministry has adopted common rank insignia for all forces and installations will display the federation flag only, removing former Republic of Bosnia and Herzegovina and Croatian entity flags.
MENTIONED IN THIS ARTICLE
Washington
United States
Bosnia
State Department
James P. Rubin
Ministry of Defense
Federation
Republic of Bosnia and Herzegovina
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