FOREIGN TRADE: Individual v. the U. S. Interest

The historic aim of U.S. tariff policy has been to protect individual industries and groups (e.g., dairy farmers and perfume makers as well as the auto industry). But what is really needed, said the report of a 13-man governmental commission last week, is a dramatic change basing tariff policy on "national interest." This, said the report, requires a drastic cut in tariffs and other trade barriers, no matter how much it may hit protected industries.

The bipartisan commission, headed by Washington Banker Daniel W. Bell and representing industry, labor and agriculture, was appointed last summer by President Truman. Some of...

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