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WORLDWATCH: An Overview of Major News Events and Trends
Plain Truth Magazine
June 1977
Volume: Vol XLII, No.6
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WORLDWATCH: An Overview of Major News Events and Trends

TRADE WAR JITTERS, A surge of trade protectionism has surfaced in recent months. High officials in the U.S. and Japan are already warning about the possibility of trade war. In the most publicized case, the U.S. International Trade Commission, a group empowered to recommend relief for domestic industries threatened by imports, formally proposed in early spring that President Carter raise tariffs on imported shoes by as much as 40 percent.

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Plain Truth MagazineJune 1977Vol XLII, No.6
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