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US-Europe Relations / Trade Deal / French Farmers / American Industry #138596

ABC Evening News for Friday, Nov 20, 1992
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(Studio: Peter Jennings) Report introduced.

(White House: Brit Hume) Resolution of the agriculture disputes between the United States and France that blocked a US-Europe trade deal featured. [President BUSH - says settling the disputes has helped avoid a trade war.] United States threat to slap tariffs on white wine unless subsidies to oil seed farmers were eased noted. [US trade representative Carla HILLS - comments.] [European Community agricultural minister Ray MacSHARRY - calls it s victory for international trade.] [British Prime Minister John MAJOR - lauds the deal.]

(Studio: Peter Jennings) Reaction by French farmers to the deal quoted.

(Paris: Jim Bittermann) Demonstrations by French farmers against the United States role in the trade deal featured; scenes shown of a near-riot in Paris on November 18. [Farmers' SPOKESMAN - (thru translator) says the agreement must be broken.] The options open to the French government outlined.

(Studio: Peter Jennings) Report introduced.

(New York: Stephen Aug) Impact the trade deal could have on American businesses examined. [Goldman Sachs International Robert HORMATS - says new opportunities will open.] [Intel vice president James JARRETT - cites how GATT could help the silicone chip industry.] [Farmer Herb ROTH - calls it a breakthrough.] Industries opposed to a world trade agreement listed.

Aug, Stephen;
Bittermann, Jim;
Hume, Brit;
Jennings, Peter

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