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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ZURICH: The Dispute Settlement Body (DSB) of WTO has authorised seven countries, including India, to impose trade sanctions up to $150 million on the United States for its non-compliance with the WTO ruling that found the US Byrd Amendment on anti-dumping
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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.
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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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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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A US trade body has agreed to comply with a NAFTA panel ruling concluding Canadian softwood lumber imports are no threat to the US industry.
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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 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 will lift sanctions on US imports after President George W. Bush signed a law replacing an illegal export tax subsidy with a $145 billion package of new corporate tax cuts and a buyout for tobacco farmers.
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The European Union, Japan and Canada won permission from the World Trade Organization to levy tariffs on US goods to retaliate for a law that has given American companies $750 million in customs imposed on foreign competitors.
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GENEVA - The European Union (EU) and its allies got the go-ahead from the World Trade Organisation (WTO) yesterday to slap potentially heavy sanctions on US goods in response to the latter&#39;s illegal anti-dumping rules.
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EU members win the right to impose sanctions on the US in retaliation for an anti-dumping law.
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The World Trade Organization authorized about $150 million in trade sanctions on the U.S. in retaliation for an import duties law that has been ruled illegal.
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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 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.
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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 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.