Banner Graphic, Volume 22, Number 107, Greencastle, Putnam County, 8 January 1992 — Page 2

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THE BANNERGRAPHIC January 8,1992

U.S., Japan clash on trade talks

TOKYO (AP) President Bush today implored Prime Minister Kiichi Miyazawa to “iron out” trade differences with the United States, but U.S. officials said Japan was “screaming” about pressure to boost.sales of American cars and aiito parts here. White House press secretary Marlin Fitzwater said the United States and Japan were arguing heatedly about targets for Japanese imports of U.S. cars and parts. Bush, for his part, said that “we’re making progress.” FITZWATER described the talks as “severe.” “We’re pressing them hard. They’re feeling the pinch and they’re screaming about it,” he said. “We’H find out where we are tomorrow.” Bush, in an interview with NBC News, said, “There will be things to point to when we leave here. ... Market access.... And I think we’re going to be successful in that regard.” Fitzwater said talks would continue through the night, adding: “It’s not over yet.” BUSH’S CHIEF spokesman made the comments a few hours after Japan’s five major automakers unveiled proposals to boost sales of U.S. cars and auto parts here.

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KIICHI MIYAZAWA Told to Iron out problems

The Japanese carmakers said they would try to sell about 20,000 U.S. cars a year in Japan, while Japanese trade officials and Bush administration officials haggled behind closed doors over what the targets should be for U.S. imports to Japan. Today’s trade talks got off to a rough start, with Commerce Secretary Robert Mosbacher heatedly rejecting Tokyo’s proposal for increased purchases of U.S. autos and parts. “I WOULD BE embarrassed to show this to the president,” Mosbacher fumed to Japan’s trade minister, Kozo Watanabe, waving a copy of Japan’s offer in his hand, according to one witness. An administration official said the Japanese had made concessions but not enough. American businessmen accompanying Bush also protested that they weren’t making headway. The official said the attitude among the businessmen was, “Culturally, they’ll never change. We’ll have to ram it down their throats.” MEANWHILE, other U.S. officials said Miyazawa had expressed sympathy with Bush’s complaints about Japanese trade barriers, but that it appeared unlikely Tokyo would substantially alter its restrictive trade policy any

Yeltsin checking unrest over higher prices

MOSCOW (AP) Amid growing unrest over price increases, President Boris N. Yeltsin went to

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MARLIN FITZWATER Talks are severe

time soon. Miyazawa voiced understanding with Bush’s complaints about policies blocking U.S. businesses from entering the lucrative Japanese market, U.S. officials said. But they provided no concrete examples of changes Japan was prepared to make. Nevertheless, Bush’s national security, Brent Scowcroft, said, “We have no reason for dismay.” THE TWO SIDES produced a joint “strategy for world growth,” a plan designed to strengthen the world’s economy. Under it, both countries will take steps to stimulate their own internal economies Bush through a package of economic moves he already has said he will announce in his Jan. 28 state of the union speech, and Japan through a plan to increase domestic demand. On the growth package announced today, Bush told NBC: “It doesn’t say, OK, this will create 3,200 jobs someplace, but it will create an awful lot of jobs, many, many more than that when the growth initiatives on both sides get going.” MIYAZAWA PROMISED a budget designed to increase demand through increased public investment and other measures, to achieve 3.5 percent growth in a

the provinces today to assess the mood of the people and preach his message of patience and hope.

slow economy. That should lead to a decline in the trade surplus for the 1992 fiscal year because increased domestic demand means Jappanese consumers will buy more domestic products, leaving less for expat to the United States, said Treasury Secretary Nicholas Brady. Japan’s s4l billion trade deficit with the United States is at the root of Bush administration complaints about Japanese trade practices. BUSH GOT DOWN to business when he and Miyazawa met today with a roundtable of U.S. and Japanese business executives. The president told the group that the overall U.S .-Japanese relationship was dependent on solving differences over trade so their ‘big picture” cooperation remains strong. “To guarantee that this big picture continues to unfold in a positive way, we must make dramatic progress on the business side,” Bush said. “WE’VE GOT TO iron out these differences between us so we can go forward without tensions mounting and dividing up the world into trading blocs,” Bush said. Miyazawa said he was looking for “imaginative and creative ideas” to emerge from the talks. Regarding the talks on easing Japanese trade barriers on autos and other products, Scowcroft said: “THE MOOD IS good, the prime minister is sincere ... in his interest of helping the situtation.” Noboru Hatakeyama, the MITI vice minister who was to give the briefing, suggested that the United States was betraying its muchvaunted free trade principles in the talks. “We operate on the principle of a free market,” he said. “If we’re asked to come up with concrete figures (for increased imports), isn’t that the same thing as managed trade? They don’t seem to be able to understand that, no matter what we say.”

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President felled by flu at state dinner

TOKYO (AP) President Bush collapsed during a state dinner today and was resting overnight before continuing trade talks with Japanese officials. “All indications are that it is a normal case of the flu,” said spokesman Marlin Fitzwater. Bush collapsed at about 8:20 p.m. local time (6:20 a.m. EST). AFTER BUSH left, his physicians at his side, the dinner hosted by Prime Minister Kiichi Miyazawa continued. First lady Barbara Bush though pale and clearly concerned stayed behind. The president bypassed a waiting ambulance and walked instead to his limousine. He was driven to his Tokyo residence at Akasaka Palace, where he was given an anti-nausea medication and was expected to sleep through the night before resuming an abbreviated schedule here Thursday. Video of the dinner showed that Bush fell to the floor from his dinner seat and those sitting nearby leaped to help him. At one point, the president’s head was lifted above table height and he looked strained and pale. THE FIRST LADY shouted something and then stood next to him wringing her napkin. Bush got to his feet a few minutes later, his hair disheveled. Secret Service agents and national security adviser Brent Scowcroft helped Bush don his raincoat, and a guard behind him helped pat his hair back into place. Bush paused to wave to the dinner guests before departing. He told his security agents, “I just wanted to get a little attention.” ABOUT AN hour later, Fitzwater briefed reporters. “President Bush is in his suite at the Akasaka Palace and is feeling fine following a bout with the flu,” he said. “The

Stavropol, people smashed store windows to protest the soaring cost of meat. After death threats were phoned in, officials lowered the prices, the Tass news agency said. Prices also were lowered in other areas, reports said. Yeltsin’s two-day trip is part of his campaign to quell the unrest and urge people to give his reforms a chance to work. He has been telling Russians for weeks that his economic program, including freeing prices and privatizing industry, will begin to raise living standards by year’s end. BUT FIRST, he has said, the largest and most powerful of the former Soviet republics will have to struggle through six to eight difficult months. Yeltsin’s aides said the Russian president’s first stop would be Saratov, with Ulyanovsk and Nizhni Novgorod to follow. Yeltsin said today that he wanted “to get acquainted with the situation in various regions, to see how the liberalization of prices is going and if there are any distortions of

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PRESIDENT BUSH ‘Wanted attention’ president’s personal physician, Dr. Burton Lee, says the president is in good shape and probably will feel okay tomorrow.” In Washington, Vice President Dan Quayle was notified of Bush’s illness and went immediately to the White House. Bush’s five children were also called. After the president left the dinner, Mrs. Bush made brief remarks. “I can’t explain what happened to George, because it never happened before, but I’m beginning to think it’s the Ambassador’s fault. (Laughter.) He and George played the Emperor and the Crown Prince in tennis today, and they were badly beaten. (Laughter.) And we Bushes aren’t used to that. So he felt much worse than I thought.” BUSH, NEARING an end to a 12-day trip to Australia and Asia, attended the state dinner after a long day of tennis, meetings and diplomatic discussions. Japan was his last stop after visiting, Australia, Singapore and Korea.

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PRESIDENT YELTSIN Preaching hope, patience this policy.” THE FIRST TWO stops, on the Volga River, have sizeable and discontented ethnic German populations. Many want to emigrate or establish a German autonomous region within Russia. The third stop, Nizhni Novgorod, used to be called Gorky. It’s the grim industrial city, long closed to foreigners, where Andrei Sakharov; spent seven years in internal exile. •; Russia and other members of the; Commonwealth of Independent States that succeeded the Soviet: Union have inherited many of the.' union’s woes, including a nearly.' worthless ruble, food shortages and. disputes over control of the: military. ‘

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