	u s commerce dept opposes foreign takeover ban commerce undersecretary j michael farren opposed language in the trade bill before congress to limit foreign takeovers of u s companies anything that would serve to have a chilling effect on foreign investment is going to cost us jobs and economic growth farren said before a congressional coittee house and senate negotiators are ironing out differences in trade bills passed by both chambers once the negotiators reach agreement the bill will be sent to president reagan for his signature reuter 
