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Other News: Mitchell / Trade Deficit / Japan Trade Talks #47076

ABC Evening News for Wednesday, Dec 28, 1977
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(Studio) Reports with regard to John Mitchell's beginning of medical furlough to Washington, DC from Alabama federal prison, include film of his departure; Commerce Department's report with regard to November trade deficit; Japan's agreement to resume talks with regard to trade imbalance with US.
REPORTER: Harry Reasoner

(Japan) Report on high prices of foreign goods in Japan and reasons for them. Legal requirements making each car imported from Ford Motors need expensive modifications cited as example [Ford Motors Japan spokesperson C. William RAMSAY - describes Japanese foreign car customers' demands.] Japan's characterization of Ford Pinto as big car noted, as example of how Japanese for. trade system hikes prices on imports. Is noted that package of tariff cuts, now offered by Japan to US, won't help much.
REPORTER: Irv Chapman

Chapman, Irv;
Reasoner, Harry

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