Word: marketed
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Dates: during 1960-1969
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Reluctantly but realistically, Britain is beginning to accept the fact that the six-nation European Common Market is here to stay, and that Britain will have to live with...
...controls is for U.S. importers to seek new sources of supply." Although the Japanese voluntarily limited their shipments of cotton goods to the U.S. in 1957, imports continued to rise. Last year they reached $202.3 million, v. $150.2 million in 1958. Japan's share of the U.S. market last year dropped by 22%. But other producers, such as Hong Kong, India, Pakistan, Formosa, Spain and Portugal, prodded by U.S. importers, more than made up the difference...
...tobacco industry, which ships 25% of all its exports to the six Common Market nations, faces a 30% tariff this summer. The common tariff, when fully applied, will be three times higher than the group's present average. Although cigarette consumption is rising throughout the world, U.S. makers have been hit by tariff increases or outright bans on imports by 65 nations during the past three years. Venezuela, traditionally one of the U.S.'s biggest cigarette customers, has banned cigarette imports...
...first time in history, the U.S. auto industry last week went to the Government to complain about foreign tariffs. Before the Commerce Department, the Automobile Manufacturers' Association argued that European duties, purchase taxes and quotas have priced U.S. cars out of the market. Noted the association: with taxes and duties, a U.S. compact such as the Ford Falcon (New York list price: $2,040) costs an English buyer $5,238, an Italian $4,368 and a Frenchman $4,184. Many a businessman feels that unless foreign nations allow U.S. products to compete on equal terms in foreign markets, there...
...thus taken its licks early and is in a good competitive position to profit on jet sales from now on. The company also has plenty of cash ($35 million) and working capital ($154 million), and recently tied up with France's Sud-Aviation (TIME, Feb. 22) to market the twin-jet Caravelle, thus enabling itself to cover both the long-and short-range jet field...