Show Japanese And U. S. Trading There has been much complaining in recent months about Japanese trade Both the general public and officials of the Nixon as a exhibited growing protectionist CERTAIN Japanese quotas and trade barriers should be to allow by American On the other U. S. trade barriers also bar many Japanese products from the American Director Nelson Stitt of the U. S. Trade Council said recently most Americans are in the dark on the true picture of economic relations between the The 1971 trade deficit is not the total he Stitt says the Japanese last year bought 97 billions worth of products from U. S. subsidiary firms located in three that Japanese trading companies sold about a billion dollars worth of U. S. products in other that S. enjoyed several other THE temptation to blame others for our economic troubles might be one we are leaning too heavily While adjustments in trade barriers are justified and the one sure way Washington can put economic house in order is to end huge budget deficits and curtain vast S overseas A more responsible and respected U. S. fiscal policy could stabilize the check inflation hinders overseas sales by pricing U. S. goods out of the and sharply reduce the international payments WASHINGTON can accomplish this without foreign |