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Money Matters: Trade Deficit, Exports To Japan, Wholesale Prices, Stock Market #113825

ABC Evening News for Friday, Feb 12, 1988
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(Studio: Ted Koppel) Trade deficit figs. for December reported Report introduced.

(Los Angeles, California: Ken Kashiwahara) Exporting of Japanese prods. from US to Japan featured; details given, scenes shown. Shipping of American-made Sony, Hitachi, Honda prods. to Japan reported [Honda spokesperson Kurt ANTONIUS - says it's first time Honda has exported car to Japan.] Role of falling dollar and rising yen on such deals noted. [Auto industry analyst Christopher CEDERGREN - explains procedure.] Role of tougher trade bill on deals noted. [Carnegie Endowment spokesperson Clyde PRESTOWITZ - talks about political pressure on Japanese.] Irony of situation noted.

(Studio: Ted Koppel) Prod. prices given. Stk. Mkt. Report

Reporter(s):
Kashiwahara, Ken;
Koppel, Ted
Duration:
00:02:20

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