*NEWS*EU:TRADE SANCTIONS ON US COPIERS

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*NEWS*EU:TRADE SANCTIONS ON US COPIERS

 user 2006-05-04 at 10:24:00 am Views: 49
  • #14981

    EU Imposes New Trade Sanctions on US
    The
    European Union has imposed new trade sanctions against the United
    States in retaliation for a U.S. trade law the World Trade Organization
    says is illegal.

    The new trade sanctions take effect Monday.
    They impose $9 million in tariffs on U.S. blankets, paper goods, photocopiers,
    and drills.Tariffs on other U.S. products, including some clothing and
    corn were imposed last yearThe tariffs are a response to the so-called
    Byrd amendment, which allows American companies to recieve proceeds
    from anti-dumping duties levied on foreign rivals.