The Foreign Policy Aspects of the Kennedy Round: Hearings Before the Subcommittee on Foreign Economic Policy of the Committee on Foreign Affairs, House of Representatives, Eighty-ninth Congress, Second Session, Parts 1-2

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Considers impact of the Trade Expansion Act of 1962 and succeeding Kennedy Round of GATT negotiations on U.S. economic and political relations with members of the European Economic Community and other nations.
 

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Page 65 - I find the great thing in this world is not so much where we stand, as in what direction we are moving: To reach the port of heaven, we must sail sometimes with the wind and sometimes against it, — but we must sail, and not drift, nor lie at anchor.
Page 28 - Community, section 201 (b) (1) shall not apply to articles in any category if, before entering into such trade agreement, the President determines with respect to such category that the United States and all countries of the European Economic Community together accounted for 80 percent or more of the aggregated world export value of all the articles in such category.
Page 34 - The value for customs purposes of imported merchandise should be based on the actual value of the imported merchandise on which duty is assessed, or of like merchandise, and should not be based on the value of merchandise of national origin or on arbitrary or fictitious values. (b) "Actual value...
Page 26 - Law, a member of the board of editors of the American Journal of International Law, and a member of the Council on Foreign Relations.
Page 1 - ... friends. Basic political and military decisions of vital interest to our security will be made. Unless we have this authority to negotiate and have it this year — if we are separated from the Common Market by high tariff barriers on either side of the Atlantic — then we cannot hope to play an effective part in those basic decisions. If we are to retain our leadership, the initiative is up to us. The revolutionary changes which are occurring will not wait for us to make up our minds.
Page 55 - I would be less than honest if I did not say that we can also foresee certain circumstances under which we would like to have 18.
Page 9 - Atlantic -- then we cannot hope to play an effective part in those basic decisions. If we are to retain our leadership, the initiative is up to us. The revolutionary changes which are occurring will not wait for us to make up our minds. The United States has encouraged sweeping changes in Free World economic patterns in order to strengthen the forces of freedom. But we cannot ourselves stand still. If we are to lead, we must act. We must adapt our own economy to the imperatives of a changing world,...
Page 64 - ... Mr. McNEiLL. That has not been published. Mr. MONAGAN. That is subject to negotiation. You might change the decision and put some on the table for negotiation and the Europeans might withdraw some of the ones that we have put on the list? Mr. McNEiLL. That is theoretically possible, but I think in the case of the United States and in the case of the EEC that the list of products on which we have not made offers of tariff concessions is not likely to change; that is, we are not likely to take...
Page 32 - ... 5. That in the trade negotiations it shall be open to each country to request additional trade concessions or to modify its own offers where this is necessary to obtain a balance of advantages between it and the other participating countries.
Page 34 - ASP issue largely in order to reduce the 50 percent tariff-reduction target figure to a much lower figure which would eliminate the political consequences and reduce the significance of the economic consequences of the Kennedy Round.