NBC Evening News for Sunday, May 05, 1985
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(Studio) British Prime Min. Margaret Thatcher reported warning Prime Min. Yasuhiro Nakasone regarding Japan's trade barriers during recent economy summit. President Reagan's difficulties with France over setting date for talks on international trade barriers recalled.
REPORTER: John Palmer
(Bonn, West Germany) Concern that individual ntns. will establish trade barriers to protect their own inds. and impact of such action on United States economy examined; Congress's threat of protectionist legislature over Reagan's objections noted. Impact of foreign competition on United States employment described. Possible significance of Reagan's failure at economy summit to have dates for trade talks set considered. [Senator Lloyd BENTSEN - cites need to break trade barriers.] [William BROCK - doesn't believe United States can remain only open market] Japan's trade relationship with United States discussed; details outlined on screen. [BROCK - comments on Nakasone's pledge at recent summit to open his mkts. more.]
REPORTER: Irving R. Levine
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