WTO Approves Sanctions Against U.S.
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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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European Union has decided to lift, at least temporarily, sanctions imposed on U.S. goods since Congress enacted sweeping changes in corporate tax law earlier this month.
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WASHINGTON: The United States said on Friday it will adhere to its international obligations on anti-dumping efforts, after the World Trade Organization gave seven trading powers, including the European Union, a final green light to levy multimillion
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The European Union launched WTO action against the United States and Canada on Monday over their refusal to lift trade sanctions against an EU ban on imports of hormone-injected beef.
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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 on Wednesday.
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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 World Trade Organization has approved stiff sanctions on US exports - ranging from almonds to ski jackets - intended to punish Washington for failing to repeal the so-called Byrd amendment, a key trade diplomat said Friday.
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World powers are making progress on new sanctions against Iran over its nuclear activities, US officials say.
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BRUSSELS (Belgium): 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 and seven other countries&#39; sanctions request on United States exports have been postponed to be considered by the World Trade Organization at a meeting.
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The European Union, Japan, Brazil and five other countries won World Trade Organization approval to impose tariffs worth more than $150 million a year on imports from the United
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The World Trade Organization authorized Chile on Friday to impose punitive duties on U.S. exports because of Washington's failure to repeal an anti-dumping law that has helped the American steel industry.
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The European Union and its  allies got  the go-ahead on Tuesday to impose some $150 million in  sanctions on U.S. goods in a dispute that could stir trade  tensions ahead of the U.S. elections.
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The World Trade Organisation agreed Monday to rule on claims by Canada and Brazil that subsidies the United States gives its farmers violate WTO limits, trade sources said.
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The WTO allows the EU, Japan and others to impose sanctions against US firms accused of dumping goods.
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The WTO gave the go-ahead to countries in Europe and elsewhere to impose punitive duties on US exports. The United States has failed to repeal a trade law that protects the US Steel industry, according to WTO.
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The European Union and other plaintiffs won a major victory against the US on Friday as the World Trade Organization approved a host of stiff sanctions on a broad range of American exports.