	baldrige says u s to impose japanese sanctions commerce secretary malcolm baldrige said the united states would go ahead with planned mln dlr sanctions against japanese semiconductor exports despite any u s japanese talks to avert the  curbs he said in a speech to an export import group that he was sure the united states and japan could work out their dispute over unfair japanese  practices in semiconductor  but i am sure the sanctions will go in before we work it out sanctions are to be imposed on april he also said he did not think there would be a  war with japan because japan had too much value in exports to the united states to risk such a war those fears are unfounded he said he told reporters later that the sharp drop in the securities market was not due to fears of a  war but fear of inflation and that the federal reserve may act on that fact market reaction was also due he said to the drop in the value of the dollar although  issues did have some effect baldrige said that observers who were attributing the drop in the market to  sanctions were barking up the wrong tree he said the market observers will realize this shortly baldrige said his remarks did not mean to suggest anything about the market or the exchange rate of the dollar reuter 
