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Carter / Economy Conference / Energy / Trade #48859

ABC Evening News for Wednesday, May 04, 1977
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(Studio) President Carter to leave Thursday for London and economy conference Some items of interest for foreign leaders come up today.
REPORTER: Harry Reasoner

(DC) President talks to congress members with regard to energy's importance at conference and Agriculture Secretary Bob Bergland and trade negotiator Robert Strauss brief press re: admin. plan for sugar industry President will not restrict sugar imports, but will subsidize United States sugar industry, is time of oversupply, so it will stay afloat, but consumers won't have to pay more. Strauss says these types of solutions won't work forever and London summit needs to demand progress in Geneva trade negotiations. [STRAUSS - says if present conditions continue, there could be trade war and no nation could stand it. President to speak strongly about it at conf.]
REPORTER: Sam Donaldson

Donaldson, Sam;
Reasoner, Harry

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