EU suspends US export sanctions
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The European Union is to suspend sanctions on US imports worth $4bn after President Bush signed a bill removing illegal export subsidies.
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The World Trade Organization held off Wednesday on 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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The EU called off its sanctions on $4 billion worth of US goods on Monday after Washington repealed illegal export tax subsidies, bringing some balm to transatlantic ties wounded by a battle over Airbus and Boeing.
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US President George W. Bush&#39;s administration welcomed Monday a European plan to lift US trade sanctions imposed over an illegal export tax break scheme.
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The European Union said on Tuesday it  would reimpose sanctions on $4 billion worth of U.S. goods if  the World Trade Organization backed its complaint about  residual U.S. export tax breaks.
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The European Union has asked the World Trade Organization (WTO) to order the United States and Canada to lift sanctions on EU exports because of EU&#39;s ban on hormone beef.
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The EU said yesterday it would end sanctions on US imports in about two months, following the repeal by the US of an illegal export subsidy, and warned the US not to extend
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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 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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China suspends US meat products amid international calls for it to improve food safety controls.
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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 Commission is sticking  with its plan to lift sanctions on $4 billion worth of U.S.  goods on Jan. 1 following Washington's repeal of export tax  subsidies in October, a spokeswoman said on Thursday.
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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 European Union executive asked the World Trade Organization on Monday to rule that it was illegal for the United States and Canada to retain sanctions on EU exports to counter the bloc's ban on hormone-treated beef.
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The European Union, Japan and others will be able to impose heavy sanctions against US firms dumping goods from early next year.
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The European Union said it was removing $4 billion in trade sanctions on American products after the U.S. repealed what Europeans considered an illegal export tax break.
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The World Trade Organization on Friday approved stiff sanctions on U.S. exports ranging from almonds to ski jackets intended to punish Washington for failing to repeal the so-called Byrd amendment, said a key trade diplomat.