FOREIGN TRADE CORPORATION DUTIES

Keith Nuthall
THE EUROPEAN Commission has published a list of exported American textile products that could be saddled with protective duties of up to 100 per cent, because of a World Trade Organisation ruling allowing Brussels to retaliate against the US's use of foreign trade corporations to give its exporters illegal tax breaks. The Commission included on its long-list of products: wool of fine and course animal hair, yarn and fabrics of horsehair, cotton, man-made filaments, carpets, knitted or crocheted clothing and accessories, rags, and textile ...


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