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Stock Market / Trade Deficit #313444

CBS Evening News for Thursday, Nov 12, 1987
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(Studio: Dan Rather) Report introduced.

(NYC: Ray Brady) Scenes shown of United States peanuts being packed and distributed in England and Holland. Dutch peanut commercial shown. Impact of United States products being sold abroad said helping rectify trade deficit. [Econ. Bruce STEINBERG - comments on trade deficit figures.] September 1987 trade deficit figures graphically shown. Fall of United States dollar enabling more goods to be sold abroad noted. British men shown sampling American wines. [MAN - remarks on the wine and prices.] Americans buying less foreign oil and election products due to the increase in foreign goods' prices mentioned. [WOMAN - says she is looking for both quality and low prices.] "STK. MKT. REPORT" [STEINBERG - comments on when trade deficit should be balanced.] International competition discussed. [MAN - says Chinese and Argentinians are quickly emulating US.] United States trade deficit said still at record highs and dollar said not doing as well in every foreign cntry.

Reporter(s):
Brady, Ray;
Rather, Dan
Duration:
00:02:10

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