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Economy: Trade Bill #320794

CBS Evening News for Thursday, Apr 21, 1988
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(Studio: Dan Rather) President Reagan reported threatening to veto trade bill requiring companies to warn workers of plant closings and layoffs. Report introduced.

(DC: Phil Jones) Bill reported taking House of Representatives years to draft. [REAGAN - says will veto bill.] 60-day warning of plant closings and layoffs discussed. [Labor Secretary Anne McLAUGHLIN - criticizes bill.] Bill's premises illustration Democrats reported making trade campaign '88 issue. [Representative Edward MARKEY - attacks Reagan administration's stance on trade.] [AFL-CIO spokesperson Robert McGLOTTEN - criticizes Reagan administration] [Treasury Secretary James BAKER - attacks protectionism.] Senator expected to pass bill; president veto noted able to be overridden.

Jones, Phil;
Rather, Dan

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