Business: Some Reassurance for Steel

Carter vows that international trade laws will be enforced

Only hours after issuing his scorching televised blast against oilmen, President Carter last week dropped in on steel executives meeting with his aides in the White House and gave them a far different message: international trade laws will be enforced. That pledge, mild as it might seem, came a few days after European and Japanese steelmakers had informally offered to restrict exports to the U.S., and it gave American steelmen some assurance that one of the nation's basic industries might get a little relief.

The occasion of Carter's remarks was itself unusual: a White...

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