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Carter / For. Trip / Brazil / Steel Price Hike Reaction #257151

CBS Evening News for Thursday, Mar 30, 1978
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(Studio) President Carter's remarks to United States steel industry with regard to price hikes, made during press conference in Brasilia, Brazil, noted.
REPORTER: Walter Cronkite

(Brasilia, Brazil) Carter's Plans to announce further anti-inflation measures on return to United States reported; questions with regard to steel price hikes mentioned. [CARTER - calls announced increase by United States Steel excessive and unwarranted by recent coal settlement.] Brazilian reporters' questions to Carter with regard to US-Brazil differences on human rights and nuclear power outlined. Carter's opposition to Brazil's purchase of reactors from West Germany noted. [CARTER - says United States doesn't challenge right of Brazil and West Germany to continue with agreement, but has exercised own right to express concern about situation. Comments on human rights issue and US-Brazil differences.] Upcoming meeting in Rio de Janeiro between Carter and Roman Catholic cardinals and others who have opposed Brazilian government human rights practices noted. [CARTER - notes diversity of society in Brazil and important of his meeting with persons reping. different views.] Outcome of talks between Carter and General Geisel described.
REPORTER: Bob Schieffer

(Studio) Effect of steel price increases on administration vol. anti-inflation program reported.
REPORTER: Walter Cronkite

(NYC) Effects of steel price hike on economy and on Carter inflation fighting program and possibly on 1980 president election described. Possibility that Carter will have to use wage and price controls noted.
REPORTER: Ray Brady

(Studio) Announcement by Vice President Mondale and White House economy Charles Schultze that there are no plans for wage and price controls mentioned. National Steel Corp.'s announced price hike, lower than that of United States Steel, reported.
REPORTER: Walter Cronkite

Reporter(s):
Brady, Ray;
Cronkite, Walter;
Schieffer, Bob
Duration:
00:05:00

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