WTO Approves US Trade Sanctions
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The World Trade Organization has authorized seven countries to levy multi-million dollar sanctions on US imports. A spokesman in Geneva Friday said the European Union, India, Japan, South Korea
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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 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 World Trade Organisation (WTO) is expected to approve USD150m in trade sanctions against the US by the EU, Japan, Canada and four other countries in response to a US anti-dumping law that was declared illegal in 2003.
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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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World powers are making progress on new sanctions against Iran over its nuclear activities, US officials say.
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WASHINGTON - The World Trade Organization imposed penalties Friday on US exports ranging from apples to textiles, escalating a trade dispute the Bush administration has struggled to defuse by unsuccessfully urging Congress to repeal legislation aimed at
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BRUSSELS : The EU commission acted to ease trade tensions with the United States, saying it would lift sanctions after US President George W. Bush approved a repeal of illegal corporate tax breaks.
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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 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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In a trade dispute that could spread to one of Washington state&#39;s biggest exports -- apples -- the World Trade Organization gave the go-ahead yesterday for punitive sanctions on US products.
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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 Bush administration, responding to sanctions imposed against US exports, said Friday it was consulting with Congress on ways to comply with World Trade Organization rules while protecting America&#39;s interests.
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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.
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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 European Union, Japan, Brazil and five other countries won World Trade Organization approval to impose tariffs worth more than $150 million a year on US imports after Congress failed to end a corporate subsidy.