OTHER NEWS - Feb. 26, 1994

United States Makes Tariff Offer: The government submitted a 1,000-page schedule of cuts in import duties as part of a world trade deal to be signed in April. Andrew Stoler, deputy head of the U.S. mission at the General Agreement on Tariffs and Trade, said reductions in import tariffs on some Japanese electronics items would be smaller than offered at the end of the GATT-sponsored talks in December. He said the U.S. would cut overall duties on wood products by about 50% rather than abolishing them, because Japan and the European Union had failed to make comparable concessions. The Canadians and Europeans submitted their offers previously, but both have warned they might scale back concessions on U.S. exports if Washington’s offers fell below expectations.