Byrd amendment buys US $150 million in WTO sanctions
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The World Trade Organization granted authorization Friday to the European Union, Japan, Canada, Korea, Mexico, India, and Chile, to slap retaliatory sanctions if the US fails to repeal the Byrd amendment.
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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 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
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The US Congress approved a $145 billion bill providing new corporate tax breaks and a buyout for tobacco farmers as part of legislation that eliminates an export tax credit ruled illegal by the World Trade Organization.
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GENEVA  - Chile on Friday became the eighth memberof the World Trade Organization (WTO) to win the right to hitthe United States with sanctions over an illegal anti-dumpinglaw known as the Byrd amendment.
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The World Trade Organisation (WTO) is expected to approve USD150m in trade sanctions against the US by the EU, Japan, Canada and four other countries in response to a US anti-dumping law that was declared illegal in 2003.
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The World Trade Organization today approved tariffs on US goods to retaliate for a US law that has given American companies $750 million in customs levied on foreign competitors since 2001.
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The World Trade Organization on Wednesday held off approving stiff sanctions on US exports ranging from cod to mobile homes intended to punish Washington until it repeals the so-called Byrd amendment.
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Tucked into that $136 billion in corporate tax breaks President Bush just signed was the point of the bill: Lifting a $5 billion annual export subsidy the World Trade Organization had ruled illegal.
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The European Union and its allies got the go-ahead on Tuesday to slap potentially heavy sanctions on US goods in a row that could stir trade tensions ahead of the US elections.
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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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WASHINGTON The US Senate has passed a far-reaching, 136 (b) billion dollar corporate tax package that includes a ten-point-one (b) billion dollar buyout for tobacco farmers.
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WASHINGTON - The World Trade Organization imposed penalties yesterday on US exports ranging from apples to textiles, escalating a trade dispute the Bush administration has struggled to defuse by unsuccessfully urging Congress to repeal legislation aimed
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Description: The World Trade Organization tells US trading partners they can retaliate against the United States over the so-called Byrd Amendment.
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Vietnam's legislature ratified the country's entry into the World Trade Organization on Tuesday, paving the way for the communist nation to become the global trade body's 150th member.
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The House of Representatives on  Wednesday overwhelmingly passed a business-backed bill that  would tighten rules for federal review of foreign takeovers of  U.S. companies without discouraging such investments.
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BRUSSELS -- The European Union moved to lift hundreds of millions of dollars in trade sanctions against US exporters, responding to sweeping new US corporate-tax legislation that closes tax breaks ruled illegal by the World Trade Organization.