U.S. TRADE POLICY

Press, Volume C, Issue 29684, 30 November 1961, Page 15

U.S. TRADE POLICY

‘Threshold Of New Era’ <N.Z Press Assn.—Copyrignti WASHINGTON, Nov. 28. The development of the European Common Market had brought the United States to the threshold of a challenging new era of free trade policy, the United States Labour Secretary (Mr Goldberg) said last night He said America's world trade policies of the past had been made obsolete by the “winds of change.” American workers and businesses must be protected from the effects of foreign competition caused by any tariff changes. Mr Goldberg was addressing a world trade conference sponsored by the United States Machinists’ JJnion. "It is clear that the trade structures of yesterday and our own public policy that has reflected those structures are gone with the winds of change," he said. Future world trade developments presented “the most challenging, exciting and promising opportunity that the free world has been granted.” To meet this challenge the United States must develop a “broad-gauged, flexible and wide-ranging” trade policy.