Europeans Urge France to Back off Trade War with US

By Francine S. Kiefer, writer of The Christian Science Monitor | The Christian Science Monitor, November 9, 1992 | Go to article overview

Europeans Urge France to Back off Trade War with US


Francine S. Kiefer, writer of The Christian Science Monitor, The Christian Science Monitor


STRIVING to avert a wide-ranging trade war, the European Community is urging that the EC and the United States return to the negotiating table and settle their dispute over farm subsidies.

On Nov. 5, the US announced a 200 percent tariff on $300 million worth of EC white-wine exports and other products, to take effect Dec. 5 unless its dispute with Europe over oilseeds subsidies is settled.

When the issue is discussed at a meeting of EC foreign ministers today, the ministers are expected to emphasize that negotiators use the time until Dec. 5 in a last-ditch effort to reach an accord.

The French are expected to ask the EC today to draw up a list of retaliatory measures, according to Reuters. But the European Commission "will be divided on sanctions," a German government official said Friday, adding that "the majority will be for a counterretaliation."

Last week French Minister of Industry and Trade Dominique Serauss-Kahn said he still supports a return to negotiations, and he hopes for "a gesture from the Americans." But "if in a month nothing has advanced, France will very firmly demand that countermeasures be put in place," he told French television.

A counterretaliation could spark a trade war, doubly damaging because many of the countries involved have such weak economies already. A trade war would only prolong recovery, and worse, threaten the whole global trading system by dooming the floundering world trade talks, officially known as the Uruguay Round of the General Agreement on Tariffs and Trade (GATT).

Arthur Dunkel, director-general of GATT, has called an emergency meeting tomorrow of Uruguay Round negotiators to consider the "very grave situation" that has arisen.

Bearing the consequences in mind, the British, who hold the rotating presidency of the EC, tried mightily last week to steer the EC away from retaliation. In an emergency meeting in London Nov. 6, British Prime Minister John Major and EC Commission President Jacques Delors issued a statement that "Negotiations must continue to avoid a trade war. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Europeans Urge France to Back off Trade War with US
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.