FOREIGN RELATIONS: Rap from Rich Uncle

Ideally, U.S. policy aims toward a free world of independent nations bound together in growing prosperity by a thriving, dependable free trade. Realistically, the U.S. has poured billions overseas to rebuild the industrial nations and finance the undeveloped, while many a rebuilt, well-financed country has maintained tariff walls against U.S. goods or tight controls on dollar purchases. Samples: Britain still limits or bars a long list of U.S. goods ranging from construction machinery to comic books; France excludes U.S. bourbon while buying British Scotch; Japan requires licensing for 70% of her imports, will not let Japanese businessmen buy some...

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