TNAG-0302-FCO40-338-Effects-of-tariffs-on-imports-of-cotton-textiles-to-UK-from--1971 — Page 54

CONFIDENTIAL

6.

I believe that the way we handle Hong Kong will be almost as important as the decision itself. If the timetable proposed by the TI is accepted I can only record that in my judgment there will be a complete breakdown in confidence between Hong Kony and London. The consequences of such a breakdown couldbe

most far reaching.

23 Eove.ber 1971

CC Sir S Tomlinson

Mr Hale (Commodities Dept)

E O Laird

Hong Kong Department

2.

CONFIDENIAL