WTO Lets EU, Others Hit US with Trade Sanctions
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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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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.
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The European Union launched WTO action against the United States and Canada over their refusal to lift trade sanctions against an EU ban on hormone-injected beef.
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World Trade Organization arbitrators authorized the European Union and other leading U.S. trade partners Tuesday to impose sanctions against the United States in response to illegal antidumping rules.
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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 Commission (EC), the executive arm of the European Union (EU), said on Friday the WTO has authorized the EU and six other countries to impose retaliatory measures against the United States in a trade dispute.
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BRUSSELS Canada and the European Union said Tuesday that they would cooperate to maximize the effect of sanctions they plan to impose on the United States in retaliation for measures protecting the US steel industry.
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The World Trade Organization yesterday authorized the European Union and seven other leading US trading partners to impose more than $150 million worth of sanctions against the United States for failing to repeal antidumping rules deemed illegal by the WTO.
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The European Union and its allies got the go-ahead on Tuesday to slap potentially heavy sanctions on U.S. goods in a row that could stir trade tensions ahead of the U.S. elections.
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The World Trade Organization (WTO) gave final approval on Friday to the European Union, Japan and others to hit the United States with some $150 million in trade sanctions
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The European Union has decided that it will lift, at least temporarily, the sanctions it has imposed on US goods, now that Congress enacted sweeping changes in corporate tax law earlier this month, an EU official said yesterday.
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The Bush administration, responding to sanctions imposed against US exports, said Friday it was consulting with Congress on ways to comply with World Trade Organization rules while protecting America&#39;s interests.
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The World Trade Organisation authorized the European Union and seven countries to impose millions of dollars' worth of sanctions in retaliation for a US anti-dumping law, a diplomat said.
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The World Trade Organization authorized the European Union, Canada and five other countries today to impose about $150 million in trade sanctions on the United States in
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The European Union (EU) said yesterday it would remove trade sanctions imposed on the US in a dispute over US corporate tax subsidies, but warned it might levy new penalties next year over continued benefits it sees as illegal to Boeing, the aircraft maker
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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 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.