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(Studio) Report introduced
REPORTER: Peter Jennings
(Tokyo, Japan) Prime Min. Yasuhiro Nakasone's effort to encourage US market in Japan as means of averting open US-Japan trade war over latter's protectionist policies examined; films shown. [NAKASONE - (thru translator) asks country's cooperation.] Nakasone's plans to open mkts. to United States prods. outlined on screen, discussed. [Prof. Masao KUNIHIRO - feels Japan's elephantine bureaucracy creates protectionist barriers.] Effect of Japan's tariffs and quota system on United States prods. explained; several illustrations given.
REPORTER: Mark Litke
(Santa Barbara, California) Response of Reagan administration to Nakasone's efforts examined. [Chief of staff Don. REGAN, Vice President George BUSH, trade representative William BROCK - feel Prime Min.'s stance is a beginning.] Timeframe involved in Congress action against Japan considered. [REGAN - feels immediate Congress response is unwarranted.] [Representative John DINGELL - disagrees; explains.] [Representative Don. BONKER, Senator Carl LEVIN - remain skeptical.]
REPORTER: Sam Donaldson
- Donaldson, Sam;
- Jennings, Peter;
- Litke, Mark
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