AMERICAN COMMERCE.
ANTI-GERMAN AND PROItUSSIAN. WASHINGTON, July 11. Two important international trade developments were announced by the Federal Government to-day. The imposition is beginning to-morrow of countervailing duties against Germany whereby extra imposts of 22J to 56 per cent will be collected on certain goods orders to compensate for the bounties which the German Government' are granting to exporters of these articles.
The trade pact with Soviet Russia is renewed lor another year whereunder the Soviet has . undertaken to purchase a minimum of 30,000,000 dollars’ worth of. American goods and in return receives the benefits of the “most favoured nation” clause. The Soviet in 1935 purchased 37,000,000 dollars’ worth of goods.
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Bibliographic details
Manawatu Standard, Volume LVI, Issue 190, 13 July 1936, Page 7
Word Count
111AMERICAN COMMERCE. Manawatu Standard, Volume LVI, Issue 190, 13 July 1936, Page 7
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