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...months of 1972 and nearly $30 billion in 1971) that the U.S. faces. No other nation holds such a large advantage in its trade with the U.S. as Japan, which is expected to sell some $3.5 billion more in goods to America this year than it buys. In the pre-summit preparations, Nixon's negotiators, most notably Kissinger, hoped to get the Japanese to cut that deficit to under $3 billion by next March 31 (the end of the Japanese fiscal year) and to $2 billion the following year...

Author: /time Magazine | Title: THE PRESIDENCY: Richard Nixon's Three Hats | 9/11/1972 | See Source »

Even though Mrs. Gandhi held most of the bargaining cards and Bhutto had engaged in some pre-summit bluster at home, both leaders arrived at Simla in a conciliatory mood, apparently anxious to take steps that would avoid more bloodshed on the subcontinent. They agreed that the ongoing negotiations (Mrs. Gandhi has been invited to Pakistan in September) would be bilateral. Neither side has been entirely happy in the past when one or the other of the big powers mediated their disputes. Moreover, the December war, which resulted in the birth of an independent Bangladesh, unalterably changed the balance...

Author: /time Magazine | Title: SOUTH ASIA: Victory for Sanity | 7/17/1972 | See Source »

...usual pre-summit euphoria, some commentators had been too prone to overlook the obvious brutality, regimentation and instability of the Chinese regime. The reality of China was a sobering counterbalance for the newsmen on the tour (see THE PRESS). Spontaneity, they often discovered, was carefully rehearsed. Example: when the President visited the Ming tombs, smiling, colorfully dressed Chinese frolicked in the vicinity. Sure enough, as soon as the visit ended, functionaries collected the transistor radios that people were listening to. little girls removed the bright ribbons from their hair and the whole Potemkin-village scene vanished in a twinkling...

Author: /time Magazine | Title: DIPLOMACY: Richard Nixon's Long March to Shanghai | 3/6/1972 | See Source »

...first presidential trip abroad to an international conference in an area other than Asia, Johnson sought not only to reaffirm the continuing U.S. commitment to Latin America, but also to resuscitate the Alliance in his own pragmatic way. It was no easy task. During the pre-summit talks, a few countries threatened to withdraw unless the U.S. granted more generous trade concessions. The Communists prepared protest demonstrations...

Author: /time Magazine | Title: Latin America: LBJ.'s Gamble | 4/14/1967 | See Source »

Russia Barred. No more successful was Vice Premier Li, who was trying to line up support for Peking's own prospective pre-summit conference against Moscow. But China is far from licked. It has already managed to get Russia barred from still another meeting-the Peking-sponsored "Second Bandung" conference of "nonaligned" Asian-African nations to be held next March...

Author: /time Magazine | Title: Communists: Never Mind About Marco Polo | 9/4/1964 | See Source »

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