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Economy / Balance of Trade / Dollar Devaluation / Japan / Steel Prices #257180

CBS Evening News for Friday, Mar 31, 1978
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(Studio) February balance of trade deficit figs. given and effect of this on contd. dollar devaluation overseas and at home noted.
REPORTER: Walter Cronkite

(Tokyo, Japan) Report on effect of dollar devaluation on Americans living in Japan and on Japanese economy Priscilla Schneider grocery bill cited as example [Mrs. Albert TUCKER - describes dollar devaluation problems.] Japanese concerns with regard to effect of devaluation on ability to sell own products abroad described. [Econ. planning minister Kiichi MIYAZAWA - says Carter admin. realizes domestic problems caused by dollar's slide, but not effect of it on rest of world.]
REPORTER: Bruce Dunning

(Studio) Update on steel companies' announcements of price hikes; United States Steel's earlier announcement noted.
REPORTER: Walter Cronkite

Cronkite, Walter;
Dunning, Bruce

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