NEW TRADE WAR
negotiations failing ANGLO-JAPANESE MARKETS ENGLISH MOVE FOR TARIFF CRASH ON DEFINING AREAS BLAME LAID ON JAPANESE By Telegraph—Press Assn.—Copyright Rec. 10 p.m. London, March 5. The Daily Telegraph’s Manchester correspondent says the rejection of the British proposals in the Anglo-Japanese cotton talks means the breakdown of the negotiations. Next Wednesday’s meeting is likely to be the last and Japan must assume entire responsibility for the failure as she was informed that the April agreement would have to cover the world markets and not be restricted to the United Kingdom and Crown Colonies, which would leave ninetenths of the world still subject to fierce competition. Leaders of the Lancashire cotton trade say: “Directly the conference is buried we shall turn to tariffs and quotas. The Government will take firm action to protect British textiles when the new and fiercer trade war with Japan begins.”
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Taranaki Daily News, 6 March 1934, Page 7
Word Count
146NEW TRADE WAR Taranaki Daily News, 6 March 1934, Page 7
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