US STEEL DUTIES
July 1st, 2002
BY KEITH NUTHALLA STAY of execution has been granted to American knitwear exporters, after the European Union Council of Ministers decided it would postpone the implementation of a first round of protective duties, erected in retaliation to the US' controversial safeguard duties on steel. Ministers in Brussels have delayed the deadline for imposing the duties to September 30, (they had been earmarked for June 18), after Washington started backing down and removing a number of its steel tariffs. The planned EU duties are high, (100 per cent), and were to be levied ...
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