WTO Approves US Trade Sanctions
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The World Trade Organization has authorized seven countries to levy multi-million dollar sanctions on US imports. A spokesman in Geneva Friday said the European Union, India, Japan, South Korea
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NEW YORK, October 25  - The European Union (EU) plans to lift the existing sanctions on US goods worth about $4 billion in response to a new bill that repeals the illegal export tax subsidies in the US.
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Developing countries were last night celebrating victory over the world&#39;s two largest economic blocs after the WTO ruled against the European Union&#39;s sugar regime and the support given by the US to its cotton farmers.
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The World Trade Organization on Tuesday authorized the European Union and seven other leading American trading partners to impose more than $150 million
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The W.T.O. decided today to authorize sanctions against the United States in response to illegal antidumping rules.
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Stiff sanctions on US exports ranging from almonds to ski jackets intended to punish Washington for failing to repeal the so-called Byrd amendment were approved by the World Trade Organisation today.
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The World Trade Organization gave formal approval yesterday for Canada and seven other jurisdictions to punish the United States for refusing to withdraw controversial trade legislation.
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The Bush administration said Friday it would comply with a World Trade Organization that penalizes some U.S. exports even as it tries to get Congress to change the law that prompted the sanctions.
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The United States has won a preliminary ruling in a World Trade Organization case over Chinese tax policies that restrict imports of foreign auto parts, a U.S. trade official said.
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The World Trade Organization gave final approval on Friday to the European Union, Japan and others to hit the United States with an initial &#36;150 million in trade sanctions in a dispute over an illegal anti-dumping law.
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The European Union will lift sanctions against the United States now that US President George W. Bush has signed a law reforming corporate tax breaks deemed illegal by the World Trade Organisation, the EU executive commission said.
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The European Union, Japan and Brazil won World Trade Organization backing to impose tariffs on US imports after Congress failed to end illegal corporate subsidies worth $850 million since 2001.
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The World Trade Organization authorized about $150 million in trade sanctions on the U.S. in retaliation for an import duties law that has been ruled illegal.
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The US Senate cleared the way for passage of a bill that would replace a tax break for exporters ruled illegal by the World Trade Organization with $145 billion in tax cuts and payments
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BRUSSELS (CP) - World Trade Organization arbitrators Tuesday authorized the European Union and other leading U.S. trade partners to impose sanctions against the United States in response to anti-dumping rules.
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The World Trade Organization was expected Friday to approve stiff sanctions on US exports ranging from almonds to ski jackets intended to punish Washington for failing to repeal the so-called Byrd amendment.
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The World Trade Organization gave final approval on Friday to the European Union, Japan and others to hit the United States with an initial $150 million in trade sanctions