STEEL DUTY RETALIATION
November 1st, 2003
BY KEITH NUTHALLEUROPEAN Union (EU) plant and construction companies may face the imposition of 30 per cent duties on US crane lorry exports, after the World Trade Organisation authorised EU retaliation to American protection of its steel industry, erected in breach of global trade laws. Unless the US scraps these protective safeguard duties, the EU retaliatory tariffs will be imposed from December 15 at the latest on products from many sectors. The European Commission has called on Washington "to terminate its WTO-inconsistent safeguard action without delay and ...
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