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Nearly 10% of the Americans who buy new Porsche sports cars get them from so-called gray market importers, and the company said Monday that it would fight back with aggressive marketing techniques.
The Senate cleared the way Thursday night for a vote on a measure that would put strict limits on textile imports, after the bill's sponsors agreed to abandon their efforts to attach it to deficit-reduction legislation and its opponents withdrew their threat of a filibuster.
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Steel imports receded from January's all-time high but still captured 27% of the domestic market, the American Iron and Steel Institute reported.
Unfazed by a threat of a presidential veto, the House voted today to sharply cut textile and apparel imports that supporters argue "have stolen our jobs."
The Japanese government moved Tuesday to simplify its complicated system of standards and product certification, which foreigners have attacked as a barrier to doing business in Japan.
President Reagan seems certain to reject the U.S. shoe industry's pleas for relief from a flood of foreign imports, officials say, setting the stage for a confrontation with Congress, which has been increasingly angered by the nation's burgeoning trade deficit.
For well-heeled balletomanes, 1986 offered a rare chance to see all four major American companies (New York City Ballet, American Ballet Theatre, Dance Theatre of Harlem and the Joffrey Ballet) on local stages and to appraise them against the near-legendary but scarcely incomparable Kirov Ballet of Leningrad.
U.S. Trade Representative Clayton K.