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Economy: Trade Bill #562393

NBC Evening News for Tuesday, May 24, 1988
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(Studio: Tom Brokaw) President Reagan reported vetoing trade bill. Democrats noted making bill campaign '88 issue. Report introduced.

(DC: Chris Wallace) Reagan's written defense of veto quoted. House of Representatives reported overriding veto. [Representative Richard GEPHARDT - criticizes Reagan.] [Representative Edward MARKEY - compares Reagan to Rambo and Pee Wee Herman.] Senator not expected to override veto. Bill's provision with regard to plant closings discussed. [Commerce Secretary C. William VERITY - comments on situation.] [Senator Robert DOLE - defends Reagan.] Another trade bill noted unlikely this year [Senator John CHAFEE - says bill would pass if unacceptable provisions removed.] [Senator Robert BYRD - comments on revisions.] White House officials quoted. Democrats noted using trade bill during election

(Studio: Tom Brokaw) Report introduced.

(Syracuse, New York: Jim Cummins) Syracuse company closing suddenly featured; details given, scenes shown. [Ex-worker Ed SCHRENKO - comments on plant closing.] Trade bill provision dealing with plant closings and layoffs discussed. Provision noted devastating to smaller companies [US Chamber of Commerce spokesperson William ARCHEY - comments on provision.] [Laid-off worker David RING - comments on sudden plant closing.] Ring noted looking for employment No. of people losing jobs during plant closings in last few years given.

Reporter(s):
Brokaw, Tom;
Cummins, Jim;
Wallace, Chris
Duration:
00:05:10

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