Monday, Oct. 21, 1946
Busy Two-Way Street
Canada, which thrives on foreign trade, was getting healthier & healthier. Exports and imports, said the Dominion Bureau of Statistics, totaled $409,218,000 in August, the best peacetime month in the country's history. (Best previous peacetime total: $383,669,000 for November 1945.) Most of the trade, some $200,000,000 worth, was with the U.S.
But exports and imports would be even larger, said Toronto's Financial Post, if the U.S. would practice what it preaches. Said the indignant Post: the U.S. talks big about lower tariffs, yet its customs regulations are tangled with red tape and absurdities. Samples:
P: Canadian rubber tires, supposed to enter the U.S. under a 10% tariff, are often classified by customs inspectors as "articles made wholly or in part of graphite." Result: a 30% duty.
P: There is a 10-c--a-gallon duty on mineral water transported from Canada to the U.S. One mineral-water importer got around the rule by freezing his product. Ice enters the U.S. duty free.
P: Some rugs enter the U.S. under a 40% tariff. But any rug with fringe around it is classified as "an article made in whole or in part of fringe." The duty on that: 90%.
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