EU to Lift US Sanctions After Repeal of Tax Breaks
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The European Union said it will end sanctions on US imports in about two months, following the repeal by the US of an illegal export subsidy, and warned the US not to extend the tax breaks for companies such as Boeing Co.
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The European Union&#39;s top trade official says he&#39;ll move to lift millions of dollars in punitive tariffs on US goods. EU trade commissioner Pascal Lamy says he&#39;ll act because Congress
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The European Union (EU) said on Thursday that further US efforts to eliminate trade and investment barriers would strengthen the transatlantic economic relationship.
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The United States said Monday it would temporarily hold fire on sanctions on European Union goods in a last-ditch attempt to resolve a bitter trade dispute over genetically modified crops.
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The EU called off its sanctions on $4 billion worth of US goods on Monday after Washington repealed illegal export tax subsidies, bringing some balm to transatlantic ties wounded by a battle over Airbus and Boeing.
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The United States plans to lift a ban on direct aid to the emergency government that Palestinian President Mahmoud Abbas is forming following Hamas's takeover of the Gaza Strip, Washington's envoy said on Saturday.
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WASHINGTON -- The United States yesterday lifted its embargo on direct aid to, and diplomatic contact with, the Palestinian government, joining the European Union and other countries in a swift demonstration of support for embattled President Mahmoud Abbas in his struggle against the anti-Israeli militant group Hamas.
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WASHINGTON -- President Bush has decided to lift sanctions against Libya, which he expects to trigger the release of more than $1 billion to families of PanAm Flight 103 victims, a senior administration official said yesterday.
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Aiming to end punitive European Union tariffs against American goods, US lawmakers on Wednesday began a final push to pass a corporate tax bill that will repeal export subsidies that violate global trade rules.
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The European Union has agreed to  implement last year's U.N. decision to lift economic sanctions  on Libya as well as ending its arms embargo on the North  African country, diplomats said on Wednesday.
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The Bush administration outlined rules for a huge one-time tax break for companies that reinvest their overseas profits back into the United States.
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The European Commission is sticking with its plan to lift sanctions on &#36;4 billion worth of U.S. goods on Jan. 1 following Washington's repeal of illegal export tax subsidies in October, a spokeswoman said on Thursday.
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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 European Union agrees to lift its embargo on the sale of arms to Libya.
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The European Union has asked the World Trade Organization (WTO) to order the United States and Canada to lift sanctions on EU exports because of EU&#39;s ban on hormone beef.
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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 said today that it was removing $4 billion in trade sanctions on American products after the United States repealed what the Europeans considered an illegal