Trade sanctions on US approved
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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 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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The World Trade Organisation gives the EU and seven countries the chance to impose sanctions in retaliation for a US anti-dumping law.
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A legalistic squabble yesterday delayed World Trade Organisation authorisation for sanctions against US goods, initially worth up to $150ma year, by the European Union and six
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The World Trade Organization cleared the way on Thursday to impose &#36;150 million of trade sanctions on the United States, sought by the European Union and others, after lawyers resolved a legal wrangle.
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The Bush administration said it  would work with Congress to avoid U.S. exports being hit with  potentially hundreds of millions of dollars in new sanctions  approved on Tuesday by the World Trade Organization.
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US questions about how Japan and the European Union would retaliate against a law that has handed more than $750 million in customs duties to US companies stalled World Trade Organization approval of the sanctions today.
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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 European Union and its  allies got the go-ahead on Tuesday to impose some &#36;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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GENEVA - The World Trade Organization on Friday approved lists of US products on which Japan, five other countries and the European Union plan to levy punitive tariffs in retaliation for a US failure to repeal an illegal antidumping measure.
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The World Trade Organization gave the go-ahead Friday for punitive sanctions on US exports from lobsters to industrial equipment because Washington has yet to comply with a two-year-old order to repeal a trade law that uses penalties collected from
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The World Trade Organization imposed penalties yesterday on exports ranging from apples to textiles, escalating a trade dispute the Bush administration has tried to defuse by unsuccessfully urging Congress to repeal legislation aimed at protecting US steel makers.
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Lifting of US sanctions will open up trade and aid, though Washington is still to confirm the deal.
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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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President Bush on Monday formally ended the US trade embargo on Libya to reward it for giving up weapons of mass destruction but left in place US terrorism-related sanctions.
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The W.T.O. decided today to authorize sanctions against the United States in response to illegal antidumping rules.
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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