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Balance of Trade / Clothing #241615

CBS Evening News for Tuesday, Aug 26, 1975
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(Studio) Balance of trade surplus of $977 military for July. 52% rise in oil imports. Amalgamated Clothing Workers (ACW) seek federal aid for competition from foreign manufacturers.
REPORTER: Roger Mudd

(DC) Foreign garments described.
REPORTER: Jed Duvall

(Richmond, Virginia) Friedman Marks Clothing Company closed. 93 clothing companies closed in past 18 months. 78,000 union workers; 115,000 in 1968. Union to ask for aid for 20,000 members if effect on import competition can be proved. [President of the ACW Union Murray FINLEY - says move reflects recession and import problem.]
REPORTER: Jed Duvall

(Korea) Foreign clothing workers busy. American companies move overseas and hire foreign help.
REPORTER: Jed Duvall

Reporter(s):
Duvall, Jed;
Mudd, Roger
Duration:
00:02:30

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