EU, Japan Win WTO Support for Trade Sanctions on US
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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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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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Japan&#39;s Parliament approved legislation Tuesday that would let Japanese companies sue US companies that profit from unfair US tariffs, an official said.
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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
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The US Trade Representative on Monday rejected the European Union&#39;s assertion that its ban on beef from hormone-treated cattle is now justified by science and that US and Canadian retaliatory sanctions should be lifted.
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The European Union, United States and Japan said they were willing to give ground to save global trade talks provided all parties in the negotiations also offered concessions.
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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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The European Union launched WTO action against the United States and Canada on Monday over their refusal to lift trade sanctions against an EU ban on imports of hormone-injected beef.
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The European Union said Wednesday it will decide soon whether to impose trade sanctions on the United States after receiving authorization to do so from the World Trade Organization in a dispute over U.S. antidumping legislation.
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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 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 European Union launched WTO action against the United States and Canada over their refusal to lift trade sanctions against an EU ban on hormone-injected beef.
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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 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 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 (EU) said on Monday it would lift trade sanctions against the United States after President George W. Bush signed into law the bill repealing illegal export
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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.