Who Gets What from the "Kennedy Round"?

Speculates on the decision of U.S. President Lyndon Johnson about the Trade Expansion Act of 1962, also known as the Kennedy Round, which is set to expire on June 30, 1967. Background on the provisions of the law regarding the imposition of tariffs on trade between the U.S. and Europe; Limitations in the benefits gained from the law; Comparison between the tariff offerings of the U.S. and the European Common Market; Alternatives facing Johnson should the Common Market improve its offer.