FEELING THE PINCH
UNITED STATES EXPORTS
EXTRAORDINARY DECREASE
(Received 27th May, 1 p.m.)
WASHINGTON, 26th May.
The United States' exports are fall-' ing at the rate of £240,000,000 annually, by the returns for the first quarter of this year.. -The Argentine, for instance, bought7:£l2,ooo,ooo worth of ..goads, for. the. first quarter of last year and only: £7,000,000 this year. Thirty-three nations' are protesting * against Uncle t Sam's new tariff law, and reprisals have been put: into effect by; Australia, Canada, France, and Cuba and others are to follow.
A\Tokio vfernacular paper visualises the day when few forteign firms will remain in the country- as the result of the nationwide mobilisation and encouragement of domestic goods now sponsored by the Government. It says that i some firms are contracting, their business and othprs are'making preparations to close. , ' ' .
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Bibliographic details
Evening Post, Volume CIX, Issue 123, 27 May 1930, Page 9
Word Count
136FEELING THE PINCH Evening Post, Volume CIX, Issue 123, 27 May 1930, Page 9
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