TARIFFS AGAINST GERMANY
RETALIATION BY U.S.
EXTENSIVE EFFECT ON TRADE
ALLEGED DISCRIMINATORY PRACTICES
ITTUTTED PRESS ASSOCIATION —COPYRIGHT.) (Received June 5, 9.15 p.m.) WASHINGTON, Jupe 4. Closely following the increase of the tariff on Japanese cloth,, the Treasury to-day retaliated against allegedly discriminatory trade practices by Germany, and proclaimed duty increases on a long list of manufactured goods imported from that country. The action was taken under the so-called anti-bounty clause of the 1930 Tariff Act, providing for increases against countries using such practices to stimulate exports. . The articles affected include cameras, china, tableware, surgical instruments. Leather and glass goods, and toys and dolls. Although the exact schedules have not yet been fixed, the increases will be from 22 per cent, to 56 per cent. Between 30 and 40 per cent, of Germany’s export business to America will be affected, resulting in the virtual exclusion of the articles scheduled. It is believed in German trade circles here that Germany is already paying a general tariff rate because she has been removed from the “most favoured nation” list because of alleged discriminatory exchange practices, and is receiving no benefit from the reciprocal trade treaties negotiated. The tariffs against Germany become effective on July 11.
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Bibliographic details
Press, Volume LXXII, Issue 21802, 6 June 1936, Page 17
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202TARIFFS AGAINST GERMANY Press, Volume LXXII, Issue 21802, 6 June 1936, Page 17
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