Show U. U S. S and Britain Move Nearer Signing World Wide Trade TracIe Pact WASHINGTON J Jan n. n 8 AP The AP-The The United States and Great Britain Britain Brit Brit- am ain moved today toward the final stages of a significant commercial commercial commercial commer commer- cial accord climaxing Secretary Hulls Hull's foreign trade program The proposed pact which Hull Hullt formally proclaimed last night his intention of negotiating with the United Kingdom will involve a globe-girdling globe market It will embrace not only Britain but her flung far-flung colonial empire and Newfoundland Only India the dominions and Ireland will be excluded Actual negotiations of the agreement agreement agreement agree agree- ment designed to achieve mutual tariff concessions will begin as soon as American interests have made known their views concerning specific specific specific items of commerce Secretary Hull made public a long Jong list of imports upon which the United States will consider granting granting granting grant grant- ing concessions Accompanying it was a notice that public hearings will be opened here March 14 for interested parties Final Parley Near British and American economic economic experts have been engaged for tor or more than a year in preliminary work on the projected agreement A British trade mission will come here next month to conduct the final parleys The list of ot potential American concessions includes whisky and other othet spirits dressed furs tin rubber rubber rubber rub rub- ber boots and shoes gloves leather leath leath- er goods woolen and cotton textiles textIles textiles tex tex- tiles and certain types of salted and pickled fish In exchange for better customs treatment of such British goods as these the United States hopes to obtain concessions from the empire which would widen the market there for American agricultural products among other things BrItain Britain Brit BrIt- am ain has not yet announced the products products products prod prod- on which It will consider tarIff tariff tar tar- iff concessions Best est Customer The United Kingdom already Is the United States' States largest foreign market It absorbed American exports exports ex ex- ports valued at in 1936 or nearly 18 per cent of this country's country's country's coun coun- try's entire sales abroad It supplied supplied supplied sup sup- plied this country with goods valued valued valued val val- at or about bout 8 per percent percent percent cent of the entire United States im im- im- im ports Since the adoption of the reciprocal reciprocal trade act in 1934 the United States has concluded agreements with these countries Cuba Belgium Haiti Sweden Brazil Canada The N Netherlands Switzerland Honduras Colombia France Guatemala Nicaragua Finland Finland Fin Fin- land Jand Costa Rica and El Salvador Similar agreements are in process of negotiation with Ecuador Slovakia Czecho-Slovakia Venezuela and Turkey |