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US-Japan Trade War #108278

ABC Evening News for Saturday, Mar 28, 1987
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(Studio: Kathleen Sullivan) Report introduced.

(Tokyo, Japan: Jim Laurie) Japan's reaction to President Reagan's trade sanctions directed at Japan's semiconductor export market featured; scenes shown. [Trade minister Hajime TAMURA - (thru translator) threatens retaliation.] [Econ. consultant Kenichi OHMAE - accuses United States of basing sanctions on misinfo.] Pol. implications for Prime Min. Yasuhiro Nakasone considered.

(Studio: Kathleen Sullivan) Report introduced.

(DC: Sheilah Kast) Reagan administration's reaction to Japan's threat of retaliation examined; details given, scenes shown. [Commerce Secretary Malcolm BALDRIGE - doesn't expect trade war.] [Senator Dan. MOYNIHAN, Representative Richard GEPHARDT - think President Reagan waited too late to impose sanctions.] [Courtesy "Nightline", Pepperdine Univ. spokesperson Arthur LAFFER - believes sanctions will hurt United States economy] [GEPHARDT - responds.] Domestic political issue involved for Reagan explained.

(Studio: Kathleen Sullivan) "Bus. World" announced.

Reporter(s):
Kast, Sheilah;
Laurie, Jim;
Sullivan, Kathleen
Duration:
00:04:10

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