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Trade Policy / Stock Market #98575

ABC Evening News for Monday, Sep 23, 1985
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(DC) Report introduced

(DC) President Reagan's announcement of new trade policy featured. [REAGAN - claim's he'll protect United States industry] Details of his announcement outlined on screen, discussed. [REAGAN - remains opposed to protectionism.] [Senators Robert BYRD, John DANFORTH - believe President's speech is too late to prevent Senator action on protectionist measures.]
REPORTER: Sam Donaldson; Sheilah Kast

(NYC) Decline of United States dollar and rise of franc, mark and pound following weekend announcement by United States and 4 major allies regarding future action on US dollar value overseas examined; relationship to United States exports and trade deficit explained. [Econ. Irwin KELLNER - doesn't feel central banks can control US dollar.] STK. MKT. REPORT
REPORTER: Dan Cordtz

Reporter(s):
Cordtz, Dan;
Donaldson, Sam;
Kast, Sheilah
Duration:
00:03:20

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