“This was immaterial to the TV industry....
“This was immaterial to the TV industry. It didn’t involve enough sets to matter. The symbolic gesture of imposing the sanctions was meaningless; and (easing the sanctions) is an equally symbolic move in the other direction.”
--James I. Magid, an electronic industry analyst, on President Reagan’s lifting of $51 million of a $300-million package of trade sanctions against the Japanese.
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