FOREIGN TRADE: Easing the Embargoes
Through the cold war, the U.S. has pressured and persuaded its trade-hungry allies to hold down exports to the Soviet world. But the U.S. was fighting a losing battle. Last week, in a policy switch, Secretary of State Dulles confirmed that Western controls on Red trade will be eased "appreciably." Within a month, about 80 items are expected to be lifted from the 200-plus-item strategic-embargo list, including some chemicals and machine tools, nearly all raw materials, electronic equipment, trucks, cars, ships and perhaps older planes, such as the DC-3.
The embargo is being eased in response to increasingly heavy pressure...
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