EAST-WEST TRADE: The Deals Are Coming

ONE of the diplomatic trophies that Richard Nixon had hoped to bring home from Moscow last spring was an agreement establishing the basis for vastly increased U.S.-Soviet trade, which the President firmly believes is a sine qua non for improved relations between the superpowers. By the time the Kremlin talks had ended, however, both sides were still hung up on too many points of contention to issue more than a general statement of optimism. Last week that optimism turned into something far more solid than words. The U.S. and the Soviet Union...

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!