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President, Congress / Imported Oil Tariffs / Compromise #481979

NBC Evening News for Monday, Mar 03, 1975
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(Studio) President Ford decides to delay for time additional tariffs on foreign oil. President to veto congress bill to delay oil import tariffs on foreign oil and then may announce his voluntary delay.
REPORTER: John Chancellor

(White House) President hopes to convey his mood of compromise. Mr. Ford's reasons for voluntarily delaying oil tariff discussed. Press Secretary Ron Nessen says President' plan to force Congress to come up with energy plan has worked.
REPORTER: John Cochran

(Studio) Now $2 per barrel tariff on imported oil in effect. If President goes ahead with expected announcement, tariff to be reduced to $1.
REPORTER: John Chancellor

(Philadelphia, Pennsylvania) When tanker of oil arrives in US, customs officer must certify amount and type of oil tanker carries; customs reports figures to Federal Energy Administration which in turn bills oil companies for import tariff.
REPORTER: Robert Hager

Reporter(s):
Chancellor, John;
Cochran, John;
Hager, Robert
Duration:
00:03:20

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