Abstract
The swelling has gone down but the bruises are still a deep shade of purple and they sting a little. That's the latest medical bulletin from doctors treating the U.S. chemical industry, apparent victim of a karate chop administered by U.S. negotiators at the Kennedy round of tariff cuts in Geneva. Everyone, including the patient, knows that the bruises are superficial and that the purple will fade. What the patient is really worried about is a bug which it has been carrying around in its system for more than 40 years. The bug is called American Selling Price or, in medical jargon, ASP. The patient's own medical advisers maintain that ASP is nothing more than an immunization—an innoculation which the chemical industry received long ago to build up a resistance to competitive germs brought in from the outside world in the form of imports. Others think that ASP is a communicable disease which must be ...
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