Foreign Trade, Republicans: Dramatic Flourish, Empty Gesture

FOREIGN TRADE

With a dramatic flourish, the Johnson Administration last week announced that it was cutting off existing U.S. military aid to Britain, France and Yugoslavia, banning new aid to Spain and Morocco. The reason: all five are trading with Castro's Cuba. But the dramatic flourish was, in fact, little more than an empty gesture, since the U.S. is not giving, and does not propose to give, any of the five enough aid to influence their trade policies. As it turned out, all the announcement did was highlight the breakdown of the trade...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!