ILMA Compoundings April 2018 - 36

Trans-Pacific Partnership. If Obama looked down at his
shoes he probably would not have seen "Made in the USA."
American companies manufacture less than 10 percent of
the shoes sold here. We've moved from "Made in the USA"
to "Made in wherever's cheapest."
When Reagan took office, Japan seemed to be taking
over the world amid double-digit U.S. inflation, rising

joblessness and a perfidious OPEC price squeeze. Toyota,
Honda and Nissan were ripping into Detroit's market share
(as U.S. automakers were burdened with slipshod designs
and intractable unions); television icons including RCA and
Zenith were fading to black; and Japan concocted ludicrous
trade barriers. Japan's trade ministry, for example, explained
to Colorado ski-makers that Japanese snow could not handle
American skis.
Reagan responded with strong leadership, but he was not
a purist. With lower taxes and deregulation, he convinced
more foreign firms to open up offices in the U.S. Though
he signed free trade agreements with friends like Canada
and Israel, he "suggested" voluntary import restraints for
Japanese autos - an offer they couldn't refuse. Though
critics warned that his policies would ignite an explosive
trade war, the U.S. economy and relations with Japan got
better. At G7 gatherings, Japanese Prime Minister Yasuhiro
Nakasone always elbowed his way into the photo whenever
Reagan strode by. Reagan's actions led Japan not to warlike
bombing, but to photo-bombing.
continued on page 38

High Quality
Group II Base Oils
Our 46 million gallons of High Quality Group II base oils are
designed so your ﬁnished products will exceed the highest quality
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ﬂuids, agricultural products, and all other industrial applications
as well as the manufacture of VI Improvers and explosives.
Tightly controlled NOACK volatility, viscosity, and signiﬁcantly
improved low temperature cold cranking at -30C for 5W grades
Saturate levels have increased substantially and provide
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Exceptional oxidation stability with much higher Viscosity
Index
Supply chain ﬂexibility: PCMO, HDEO, Industrial and Marine

Heritage-Crystal Clean with our re-reﬁnery located centrally in
Indianapolis, IN is proud to be an active member of ILMA.

crystal-clean.com

36

APRIL 2018

| COMPOUNDINGS | ILMA.ORG

http://www.crystal-clean.com http://www.ILMA.ORG

ILMA Compoundings April 2018

Table of Contents for the Digital Edition of ILMA Compoundings April 2018

LETTER FROM THE PRESIDENT
LETTER FROM THE CEO
INSIDE ILMA
WHAT’S COMING UP
INDUSTRY RUNDOWN
In the Know
International Insight
Market Report
DO DISRUPTIONS DAMAGE DURABILITY?
REAGAN’S TRADE LESSONS FOR TRUMP
MINING FOR SUCCESS
COUNSEL COMPOUND
WASHINGTON LANDSCAPE
IN NETWORK
Member Connections
Cross Connections
PORTRAIT
ILMA Compoundings April 2018 - Cover1
ILMA Compoundings April 2018 - Cover2
ILMA Compoundings April 2018 - 1
ILMA Compoundings April 2018 - 2
ILMA Compoundings April 2018 - LETTER FROM THE PRESIDENT
ILMA Compoundings April 2018 - 4
ILMA Compoundings April 2018 - LETTER FROM THE CEO
ILMA Compoundings April 2018 - INSIDE ILMA
ILMA Compoundings April 2018 - 7
ILMA Compoundings April 2018 - 8
ILMA Compoundings April 2018 - 9
ILMA Compoundings April 2018 - 10
ILMA Compoundings April 2018 - 11
ILMA Compoundings April 2018 - WHAT’S COMING UP
ILMA Compoundings April 2018 - 13
ILMA Compoundings April 2018 - INDUSTRY RUNDOWN
ILMA Compoundings April 2018 - 15
ILMA Compoundings April 2018 - In the Know
ILMA Compoundings April 2018 - 17
ILMA Compoundings April 2018 - International Insight
ILMA Compoundings April 2018 - 19
ILMA Compoundings April 2018 - Market Report
ILMA Compoundings April 2018 - 21
ILMA Compoundings April 2018 - 22
ILMA Compoundings April 2018 - 23
ILMA Compoundings April 2018 - 24
ILMA Compoundings April 2018 - 25
ILMA Compoundings April 2018 - 26
ILMA Compoundings April 2018 - 27
ILMA Compoundings April 2018 - DO DISRUPTIONS DAMAGE DURABILITY?
ILMA Compoundings April 2018 - 29
ILMA Compoundings April 2018 - 30
ILMA Compoundings April 2018 - 31
ILMA Compoundings April 2018 - 32
ILMA Compoundings April 2018 - 33
ILMA Compoundings April 2018 - REAGAN’S TRADE LESSONS FOR TRUMP
ILMA Compoundings April 2018 - 35
ILMA Compoundings April 2018 - 36
ILMA Compoundings April 2018 - 37
ILMA Compoundings April 2018 - 38
ILMA Compoundings April 2018 - 39
ILMA Compoundings April 2018 - 40
ILMA Compoundings April 2018 - 41
ILMA Compoundings April 2018 - MINING FOR SUCCESS
ILMA Compoundings April 2018 - 43
ILMA Compoundings April 2018 - 44
ILMA Compoundings April 2018 - 45
ILMA Compoundings April 2018 - 46
ILMA Compoundings April 2018 - 47
ILMA Compoundings April 2018 - COUNSEL COMPOUND
ILMA Compoundings April 2018 - 49
ILMA Compoundings April 2018 - 50
ILMA Compoundings April 2018 - 51
ILMA Compoundings April 2018 - WASHINGTON LANDSCAPE
ILMA Compoundings April 2018 - 53
ILMA Compoundings April 2018 - Member Connections
ILMA Compoundings April 2018 - 55
ILMA Compoundings April 2018 - 56
ILMA Compoundings April 2018 - 57
ILMA Compoundings April 2018 - Cross Connections
ILMA Compoundings April 2018 - 59
ILMA Compoundings April 2018 - 60
ILMA Compoundings April 2018 - 61
ILMA Compoundings April 2018 - 62
ILMA Compoundings April 2018 - 63
ILMA Compoundings April 2018 - PORTRAIT
ILMA Compoundings April 2018 - Cover3
ILMA Compoundings April 2018 - Cover4
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