The Nation - News from Oct. 12, 1986
U.S. business leaders meeting in Hot Springs, Va., expressed frustration over the nation’s huge trade deficit despite assurances from the Reagan Administration that the worst of the trade problem appears to be over. Members of the Business Council, wrapping up a three-day retreat, expressed impatience that the trade deficit is continuing to worsen even though the dollar has fallen by 35% in value in the last 18 months. The executives said unless trade begins to improve soon, even the modest economic growth they expect over the next two years will fail to materialize.
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