CABINET COUNCIL ON COMMERCE AND TRADE MINUTES - SEPTEMBER 15, 1982

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP84T00109R000100070007-7
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
4
Document Creation Date: 
December 20, 2016
Document Release Date: 
August 1, 2007
Sequence Number: 
7
Case Number: 
Publication Date: 
October 4, 1982
Content Type: 
MEMO
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PDF icon CIA-RDP84T00109R000100070007-7.pdf151.79 KB
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Approved For Release 2007/08/04: CIA-RDP84TO0109R000100070007-7 O EXECUTIVE SECRETARIAT Routing Slip TO: Remarks: Cc . JI061 /Gilt) I A I --,.,L Not referred to DOC. Waiver Executive c e ary Dot. Approved For Release 2007/08/04: CIA-RDP84TO0109R000100070007-7 ACTION INFO DATE INITIAL 1 DCI 2 DD 3 EXDIR 4 D/ICS 5 DDI 6 DDA 7 DDO 8 DDS&T 9 Chm/NIC 10 GC 11 IG 12 Compt 13 D/EEO 14 D/Pers 15 D/OEA 16 C/PAD/OEA 17 SA/IA 18 A0/DCI / 19 C/IPD/OIS 20 10?v 21 22 Approved For Release 2007/08/04: CIA-RDP84T00109R000100070007-7 ~ .r Copied to: OGI - STAT OEA Not referred to DOC. Waiver Approved For Release 2007/08/04: CIA-RDP84T00109R000100070007-7 Approved For Release 2007/08/04: CIA-RDP84TO0109R000100070007-7 ? THE WHITE HOUSE WASHINGTON CABIlVEP AFFAIRS STAFFING 1VIIIVIOBANDUM DAT SUB: 10-4-82 NUMBER: ECT: DUE BY: Cabinet Council on Commerce and Trade Minutes - September 15, 1982 ACTION FYI ACTION FYI lLL CABINET MEMBERS ^ Baker ^ ?---- Deaver ^ ^ Vice President ^ ^ State ^ ^ Clark ^ GY' Treasury ^ ^ Defense ^ ^ Attorney General ^ ^ Interior ^ ^ Darman (For WH Staffing) ^ Harper Jenkins ^ i2l, M- Agriculture ^ ^ Wheeler 0 IB' Commerce ^ ^ ^ ^ L b Kudlow ^ Call" or a HHS ^ ^ ^ ^ HUD ^ ^ ^ ^ Transportation ^ ^ Energy ^ ^ ^ ^ Education ^ ^ ^ ^ Counsellor ^ ^ ^ ^ B ^ ^ CI ^ ^ UN ^ ^ USTR ^ ^ CCCT/Gunn ^ fi~ CEA ^ CCEA/Porter CCFA/Boggs ^ r,Y CEQ ^ ^ CCHR/Carleson ^ CYO OSTP ^ ^ ^ ^ CCLP/Uhlmann ^ ^ CCNREBoggs ^ ^ REP /LARKS: Attached for your information are the minutes from the September 15 meeting of the CCCT. URN TO: ^ Craig L. Fuller lde Becky Norton Dunlop Assistant to the President Director, Office of for Cabinet Affairs Cabinet Affairs ACA-7Q72 AcL1Qnn Approved For Release 2007/08/04: CIA-RDP84TO0109R000100070007-7 Approved For Release 2007/08/04: CIA-RDP84T00109R000100070007-7 MIN U 116 CABI COUNCIL ON COMMERCE AN ADE Meeting #41, September 15, 1982 8:45 a.m., Roosevelt Room Attendees: The Vice President, Baldrige, Brock, Donovan, Edwards, Wright, Leland, Porter, Rose, Niskanen, Ikle, Hodell, Olmer, Dederick, Thompson, Khedouri, Fiske, Garrett, Chiles, Cribb, Gunn, Garfinkel, Ms. Connor and Ms. Dunlop Steel Trade Issues. Lionel Olmer presented an update on the status of discussions with the U.S. steel industry regarding the agreement reached between the Department of Commerce and representatives of the European Community. The agreement covers all steel products except pipes and tubes. There are indications that the EC would consider restrictions other than those in the existing agreement, although they still question the U.S. industry's insistence on including pipes and tubes, since no unfair trade cases have been filed on them. Olmer pointed out that U.S. industry was concerned about the possibility of diversion of EC steel production into other areas which are currently profitable for U.S. industry. There was general consensus that from a legal (and microeconomic) point of view, completion of the cases would be better, as countervailing duties are less disruptive, and because settlement would reinforce the EC steel cartel. However, from a trade policy perspective, in the words of Ambassador Brock, failure to reach a settlement will seriously jeopardize any real. prospect for meaningful progress at the GATT Ministerial meeting in November. U.S. Nuclear Equipment Industry. Bob Dederick presented the final report of the working group, the major conclusions of which were as follows: o The outlook for the industry is poor. Worldwide demand, except in countries with "buy national" policies, is two plants per year while U.S. capacity is approximately twenty plants per year. o No significant national security problem should arise as a result of the industry's decline. o No special treatment for this industry by Eximbank is merited. Energy Secretary Edwards objected to the tone of the report on the basis that "it fails to grasp the President's policies on the nuclear industry and it paints a scenario of failure and calls it acceptable". He further pointed out that "the U.S. loses 32,000 jobs whenever an order for a nuclear reactor is lost". While he had no significant problems with the conclusions of the working group's report, he felt that a "revised report", prepared by the Department of Energy, should be considered by a reconvened working group. Action Taken: The working group was directed to reconvene, consider the recommendations of Secretary Edwards and report back to the Council. Approved For Release 2007/08/04: CIA-RDP84T00109R000100070007-7