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with; other nations, the United States has reserved the right to use these' procedures, and modify its agreements if necessary to save an American industry. 1 In increasing volume, opponents ; of the reciprocal trade system in its present , forip contend that these protections are not protecting-— that j foreign competition admittf jft by low tariffs is closing American factories, -causing btJfc ness]failures, putting workers out of their jobs. ‘ 1 « It! is insisted,; with some bitterness,' that even when a domestic inCommission
of this—the President’s foreign policy advisers persuade the President to ignore the pleajs that the tariff involved be raised, or import quotas be inu posed. These advisers, it is claimed, lake the position that it is more important, for example, to keep i Japan economically strong^ and out of the Soviet Orbit, than to protect a particular American indusri' from Japanese competition.
Farm organizations, long supporters of the reciprocal trade idea, have expressed disappointment that our! negotiators do not seem much interested in bargaining for concessions which would give our farm products greater access to overseas markets. f
It the program basically sound? If -an, is it being administered effectively? Is domestic industry protected adequately by the soca’lled ‘ escape cause” and “peril Doirit” provisions of present law? To (what extent does the present delicate and dangerous world situation require that domestic indus-' try he prepared to adjust to in\r ports whch ate admitted for hi*p/ foreigd policy' consideration, rather thari on a basis of tit-for-tat econo' mics? ' . , • ' # Tljese are questions which do not answer easily, and will provide vigorous Congressional debate in. the yveeks ahead. dustj ouslj
proves it is being hurt seri
ind convinces the Tariff
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