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Economy: Trade Deficit #559193

NBC Evening News for Thursday, Oct 13, 1988
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(Studio: Tom Brokaw) Trade deficit figs. illustration Report introduced.

(DC: Irving R. Levine) Impact of declining dollar upon trade deficit and US economy discussed. [A.T. Cross Company chairperson Bradford BOSS - comments on lower dollar.] Reasons why Americans continue to purchase foreign goods listed. [Luskin's Elecs. spokesperson Barry MEDERRICK - comments on foreign goods sold in his store.] [Galen, Incorporated president Michel VINCENT - comments on lower profits in order to retain American customers.] [Senator Lloyd BENTSEN - criticizes administration's foreign trade policy.] White House spokesperson Marlin Fitzwater quoted with regard to trade deficit. Possible econ. impact of trade deficit noted.

Reporter(s):
Brokaw, Tom;
Levine, Irving R.
Duration:
00:02:40

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