W.T.O. Authorizes Trade Sanctions Against U.S. for Import Duties
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The sanctions would be aimed at a wide range of American exports, possibly including steel ball bearings, cod, shoes and apples.
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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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CRAWFORD, Texas From the president on down, the Bush administration is pledging to comply with a World Trade Organization ruling that penalizes US exports.
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The United States says it will continue to slap duties on countries it claims dump their goods on the US market, despite a World Trade Organisation ruling Tuesday that authorises seven nations and the European Union (EU) to impose sanctions against
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The United States, which is under  pressure in world trade talks to reduce its use of import  duties against what it considers unfair foreign trade, detailed  a counterproposal on Monday to expand the list of prohibited  government subsidies under global trade rules.
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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 (WTO)  agreed on Friday to investigate whether U.S. anti-dumping  duties on Canada's multi-billion dollar lumber exports have  been brought into line with trade rules, trade officials said.
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Pressure mounted to cut import duties on wine and spirits after the United States said it had joined the European Union in asking the World Trade Organization to intervene in the matter. Mariann Fischer Boel, the agriculture commissioner for the union, who was in New Delhi, was set to meet the Indian commerce minister, Kamal Nath, to press the issue. On Tuesday, the United States trade representative, Susan C. Schwab, said Washington had filed a complaint with the W.T.O. on the tariffs, which are seen abroad as unfair trade barriers. Indiaâs basic import duties of 100 percent on wine and 150 percent on spirits are within the W.T.O. limits, but federal surcharges and state-level taxes take the tariff up to 540 percent in some cases.
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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 World Trade Organization (WTO) gave final approval on Friday to the European Union, Japan and others to hit the United States with some &#36;150 million in trade sanctions in a dispute over an illegal anti-dumping law.
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The World Trade Organization cleared the way on Thursday to impose $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 United States called for the World Trade Organisation to set up a complaints panel to investigate European Union customs rules which Washington says penalizes US exports.
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BRUSSELS -- The European Union moved to lift hundreds of millions of dollars in trade sanctions against US exporters, responding to sweeping new US corporate-tax legislation that closes tax breaks ruled illegal by the World Trade Organization.
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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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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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Sanctions could be aimed at a wide range of American exports, possibly including steel ball bearings, cod, shoes and apples. Most would be imposed by Japan and the EU, which have been the hardest
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The World Trade Organization gave formal approval yesterday for Canada and seven other jurisdictions to punish the United States for refusing to withdraw controversial trade legislation.