We might consider going to value added taxes.
I am not proposing that now. We could also impose some
3
type of border tax, irrespective of a value added tax.
20
5
It might be possible to induce the other countries
to modify their border tax rates in recognition of the trade
6
impact. All of this remains to be developed and I would
7
guess that many months will go by before the taxes in Europe
8
are harmonized or before we really determine how we can
9
best cope with them.
10
QUESTION: Mr. Secretary, did you go to Czecho-
11
slovakia?
12
SECRETARY STANS: No, I did not.
13
QUESTION: Mr. Secretary, I don't know the
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economics of it, but is the high price of oil in this
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country a problem for our makers of man made textiles?
this one of the reasons why we are suffering?
Is
17
SECRETARY STANS: I don't quite see the connection.
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I would say no, I don't think so.
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QUESTION: Mr. Secretary, do you see any link
20
between abolishment of ASB and the textile question?
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SECRETARY STANS: No, I don't. I think the
textile question stands on its own and we took the position
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in the discussions in every country that the textile matter
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stood on its own.
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We were not proposing to trade anything for an
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