Evening star., 1935-05-26
j. S. AND SWEDEN
SIGN TRADE PACT
Reciprocal Agreement A.
fects Trade Valued at
S67,OO0,000.
BY the Associated Press.

By the Associated Press.
The United States and Sweden YES
terday signed a reciprocal agreement
providing for mutual tariff slashes and
other concessions affecting major
products in a trade between the two
countries valued at $67 900 900.
Under the unconditional. most-fa-
vored-nation policy of this Govern
ment, all concessions granted Sweden
will be extended to other countries
which grant equality Of treatment to
American goods.
The agreement must be ratified BY
the Swedish Parliament, now in ses-
sion, before it becomes effective.
Important in the pact were United
States promises TO keep unbleached
wood pulp on the free list and reduce
the duty on safety matches.
Hull Especially Pleased.
Before signing the treaty, Secretary
of State Hull informed the Swedish
Minister he did so with special pleas
ure because he felt it would improve
the mutually profitable trade rela-
tions" between the two countries and
would go far 10 promote other valu-
able relations between our two
peoples"
Another especially important pur-
pose" Hull added ''is the fine exam
pie these fair, equal and friendly trade
relations will offer TO other countries
which are pursuing narrow, short
sighted and trouble breeding trade
methods and practices"
BY the agreement, Sweden granted
concessions on 64 American products
having a 1893 trade value of SIS, 5,122.-
900. They included reduced duties on
81 articles and pledging maintenance
Of l6 articles on the free list and exist
ing favorable duties on 27 articles.
Concession on A. Items.
The United States. in return,
granted concessions on "A items which
in 1894 had trade value Of s260ll,.
o00 Included were tariff reductions
on 35 articles and the pledge 10 main
tain three articles on the free list and
existing duties on six others.
The most important concession
granted Sweden was maintenance on
the free list Of bleached and un-
pleached sulphate and unbleached
sulphite woodpulp and duty reduc-
/ tions on matches. high-priced iron
and steel products, wrapping paper
and process paper board.
Swedish woodpulp shipments to the
! United States in 1884 were valued at
| s22, ,432. 900, accounting for nearly 66
per cent Of all exports TO this
! country.
! Mechanical woodpulp, bleached sui
/ phite pulp and soda pulp, chiefly sup
piled by Canada are not covered IN
/ the agreement.
! The duty on strike-on Swedish
| safety matches was reduced from 40
/ to 1712 cents per gross boxes.
American Items.
Sweden granted duty reductions on
American raisins. automobile tires,
canned fruits of all kinds. baking pow
der. breakfast foods, canned soups,
canned pork and beans, tooth powder
and paste and shaving cream.
| Picked or salted salmon. grape
| fruit and raisins. all Of which have
been dutiable. will hereafter be ad-
/ mitted free of duty.
! The agreement also provided that
/ the Swedish duty on fresh apples will
be halved in January, and cut In
half on fresh pears during Decem-
Der and January.
The most important American ex-
port items to be maintained on the
Swedish free list were raw cotton,
dried apricots. peaches. prunes, pears,
apples, gum and wood resin, sulphur,
copper and type setting machines.