President Clinton will visit Portland Tuesday to receive an economic report card from business leaders and convince a region once friendly to his administration that, despite some downturns, the future of the West Coast economy remains bright.
The Pacific Rim business conference, one of five regional economic conferences the White House has planned, will involve up to 200 small business leaders, chief executives of major corporations, working people, and economic and environmental leaders from California, Washington, Oregon, Alaska and Hawaii.
The president’s trip comes at a time of increasingly strained relations with two of the West Coast’s top Asian trading partners - Japan and China. Clinton has set Wednesday as a deadline for Japan to open its market to U.S. cars and auto parts or face 100 percent tariffs on certain Japanese luxury cars.
In other events this week:
National Association of Realtors announces existing home sales for May.
Washington State Grange opens its 106th annual convention at Wenatchee High School, running through Friday.
WSU Cooperative Extension begins cereal variety nursery tour in Lamont, Wash., at 6 p.m. Call 509-397-6290. Similar tours will begin at 6 p.m. Tuesday in Dusty, Wash., and 6 p.m. Wednesday in St. John, Wash.
Creditors of the Foundation for a New Era bankruptcy case meet for the first time in Philadelphia.
National Association of Home Builders release first-quarter Housing Opportunity Index.
Deadline for U.S. and Japanese negotiators to reach a deal on auto dispute.
Pacific Fruit Growers & Packers Inc., a large fruit packer and orchard company, is auctioned off in Yakima.
University of Idaho plant science farm in Moscow opens at 8 a.m. for grower tours. Call 208-885-6276.
National Association of Realtors releases study showing impact of flat tax on housing.
U.S. Department of Agriculture Palouse conservation research farm near Pullman opens at 8 a.m. for grower tours. Call 208-885-6386.
U.S. Department of Commerce releases new home sales for May.
Northwest Florists’ Association opens its annual convention in Spokane, through Sunday, at Cavanaugh’s Inn at the Park. Bruce Williams, host of a national financial advice radio show, speaks Saturday evening at the Opera House. Call 206-778-6162 for information.
Commerce Department releases revised firstquarter gross domestic product; also releases report on factory orders for May.
Deadline for countries to come to an agreement in Geneva on rules for global trade in financial services under the new World Trade Organization.
Trade ministers from 34 nations hold Western Hemisphere summit in Denver to discuss groundwork for free-trade negotiations.
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