Jimmy Hoffa influence and control after 1967, to Hoffa's displeasure. Fitzsimmons also decentralized power somewhat within the IBT's administration structure, forgoing much of the control Hoffa took advantage of as union president. On December 23, 1971, less than five years into his 13-year sentence, Hoffa was released from prison when President Richard Nixon commuted his sentence to time served. Following his release, Hoffa was awarded a Teamsters' pension of $1.7 million, delivered in a one-time lump sum payment. This type of pension settlement had not occurred before with the Teamsters. The IBT then endorsed President Nixon, a Republican, in his presidential re-election
Foreign trade of the Soviet Union the two countries. In 1987 total trade between the United States and the Soviet Union amounted to US$2 billion. The Soviet Union exported chemicals, metals (including gold), and petroleum products in addition to fur skins, alcoholic beverages, and fish products to the United States and received agricultural goods—mostly grain—and industrial equipment in return. The value of exports to the Soviet Union in 1987 amounted to US$1.5 billion, three-quarters of which consisted of agricultural products and one-quarter industrial equipment. Competition from other parts of the world, improvements in Soviet grain production, and political disagreements between the two countries adversely affected American