EU's Mandelson Says EU May Restore Sanctions on U.S.
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The European Union said on Tuesday it would reimpose sanctions on &#36;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 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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Peter Mandelson says the row which led to the proposed EU Commission line-up being withdrawn is a 'hiccup'.
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The European Union will not rush to reimpose sanctions on the United States in a trade dispute over U.S. tax breaks for exporters if the World Trade Organization again finds in Europe's favor, a top EU official said on Thursday.
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The row over the incoming European Commission is only a hiccup which will make the institution stronger in the long term, Peter Mandelson has said.
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European Union Trade Commissioner Peter Mandelson said Wednesday he remained open to negotiate an end to a trans-Atlantic standoff with the United States over subsidies for Airbus and Boeing.
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The European Union has said it may follow the US in lifting sanctions against Libya, as long as Tripoli shows willingness to curb illegal migration.
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Some European Union countries are seeking tougher sanctions on Turkey than the partial freeze in membership talks proposed by the European Commission over its failure to open ports to ships from Cyprus, Reuters ...Comment
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The European Union will not rush to  reimpose sanctions on the United States in a trade dispute over  U.S. tax breaks for exporters if the World Trade Organization  again finds in Europe's favor, a top EU official said on  Thursday.
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Its plan may be flawed, but at least Europe is taking action. What is the US willing to do?
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The dispute over subsidies to Airbus and Boeing are expected to be on the agenda as the new commissioner of the European Trade Union, Peter Mandelson, and his counterpart from the United States, Robert Zoeller, started discussions Monday.
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The European Union yesterday said it would lift trade sanctions that are damaging American exporters after President Bush last week signed a bill to revamp the corporate tax code and end an illegal export subsidy.
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EU trade chief Peter Mandelson says Europe's ex-colonies could miss out if they do not sign new trade deals.
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The EU ban on arms exports to China could be lifted this year despite US objections, Jack Straw says.
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Splits appeared within the European Union over the role of the blocâs trade chief, Peter Mandelson, in getting global trade talks moving again last weekend. Mr. Mandelson and other ministers from trade powers met Saturday in Davos, Switzerland, and agreed to push ahead with negotiations aimed at getting a deal for the World Trade Organizationâs Doha round. The round was suspended last July as a result of big differences, chiefly over farm trade, and it risks running out of time soon. France, a longtime defender of Europeâs agricultural interests, criticized Mr. Mandelson over the Davos meeting, accusing him of going beyond his authority. Franceâs criticisms were echoed by Austriaâs farm minister. Germany, which holds the European Union presidency, supports Mr. Mandelson, said Michael Glos, the German economics minister.
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BRUSSELS, Oct 25  - The European Commission acted Monday to ease trade tensions with the United States by proposing to lift sanctions after Washington abandoned illegal corporate tax breaks, but said questions remain.
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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.