Businessweek Archives

Trade

Posted on August 28, 1994

Washington Outlook: CAPITAL WRAPUP

TRADE

The U.S. Trade Representative's Office seems certain to name Japan as an offender nation on Sept. 30 under the so-called Super 301 law, which targets countries for trade retaliation. Despite opposition from his economic advisers, President Clinton backs the bellicose move as a "mega-event" needed to jolt U.S.-Japan trade talks back to life. But the action would be largely symbolic. Sanctions could be delayed at least a year, giving trade negotiators time to cut a deal.EDITED BY OWEN ULLMANN

Business Exchange: What your peers are reading.

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus