The Archive · 1937

American Announcement

"Washington. Nov. 18. Mr, Cordell Hull. Secretary of State, announced to-day that the United States contemplated the negotiation of a reciprocal trade agreement with Great Britain He invited interested persons in the United States to submit suggestions io the State Department concerning what products should be included im the treaty.

This is the first ^ormal step to-yards the conclusion of a trade agreement between Britain and America. and is the climax to over a years exploratory work by the two Governments.

The actual start of negotiations 1s expected within a few weeks. It must be preceded by public hearings. at which interested persons can state their objections to reductions in American tariff being made on any particular class of goods.

According to a well-informed source. there is good reason to believe that the British Government has probably consented to grant to some American products treatment equal to that which it now accords to goods from the British Dominions under the Empire preference scheme, believing that more intimate commercial ties between Britain and {he United States would set an example to other nations to join in a general movement for a reduction in world trade barriers,

Text read from the printed page and cleaned; old type leaves the occasional error.

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