Passage 1
The opening themes of the new administration trade polices emerged this week Among the highlights:
An insistence that Europe and Japan create"level playing field" for trade by agreeing to give U.S. exporters the same access to their markets as foreign companies receive in the United States. This push to expand U. S. manufacturing exports is considered essential politically to fulfill President Bill Clinton's campaign promise of more"high-wage, high skill jobs for Americans.
A possible negotiation with Japan seeking step-by-step reduction in its nearly $50 billion trade surplus with the United States. To the administration, Tokyo appears more "result-oriented"than the Community, prompting hopes that bargains can be reached with Japan to ease frictions on a range of issues.
36.What did the U.S. mean by a "level playing field"for trade?
A market with the least trade barriers against American exporters.
