Jimmy Hoffa in Nashville. Hoffa was implicated by one of his close associates, Louisiana teamster Edward Grady Partin, who went to the FBI with the information that led to Hoffa's conviction. Hoffa was also convicted of fraud later that same year for improper use of the Teamsters' pension fund, in a trial held in Chicago. Hoffa had illegally arranged several large pension fund loans to leading organized crime figures. He received a five-year sentence to run consecutively to his bribery sentence. Kennedy, who had pursued Hoffa for several years, stepped down as Attorney General after the second Hoffa conviction, and was elected
Foreign trade of the Soviet Union that increased borrowing to pay for imports from the West would lead to dependence on international lending institutions. Trade between the United States and the Soviet Union averaged about 1 percent of total trade for both countries through the 1970s and 1980s. Soviet-American trade peaked in 1979 at US$4.5 billion, exactly 1 percent of total United States trade. The Soviet Union continuously ran a trade deficit with the United States in the 1970s and early 1980s, but from 1985 through 1987 the Soviet Union cut imports from the United States while maintaining its level of exports to balance trade between