American-Soviet Trade

Archive Report

Red Trade Overtures to United States

Trade between the United States and the Soviet Union, of inconsequential dimensions during the past decade, may assume increased importance as a result of Premier Khrushchev's coming visit to this country and President Eisenhower's later visit to Russia. Soviet leaders for more than a year have been trying to convince Americans that expansion of trade would serve the interests of the two great powers. Khrushchev, keynoting the campaign in a letter to the President dated June 2, 1958, asserted that a large-scale interchange of goods would “be of great mutual benefit to both countries” and would “further the cause of world peace.” The Soviet premier quoted the late Secretary of State Cordell Hull to the effect that “Commerce and ...

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