The Solution Is Simple
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There was a striking dichotomy between two articles that appeared in the Jan. 14 Business section of the Times. On Page 1, we had: “Congress Split on Way to Deal With Huge Trade Deficit.”
Then, on Page 3, in an article headlined “U.S. Shoemaker Opens Trade--His Way,” we read that Japan has a 27% tariff on U.S. shoes, compared to U.S. tariffs of 2% to 5% on shoes imported from Japan.
It doesn’t take a genius such as Clayton Yeutter, the U.S. trade representative, to figure out that we must either demand that the Japanese lower their shoe tariff or raise ours to their level.
JERRY COWLE
Pacific Palisades
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