Monday, December 01, 2003
US climbdown on steel 'imminent'
BBC NEWS | Business | US climbdown on steel 'imminent':
"US President George W Bush is heading for the steel town of Pittsburgh to raise election funds on Monday ahead of an expected climbdown on steel duties.
The US enacted tariffs on foreign steel in March 2002 to protect the industry at home.
But the duties were ruled illegal by the World Trade Organisation, and the European Union threatened sanctions.
Now, US newspapers report, Mr Bush is ready to ditch the tariffs to avoid a trade war. "
Aaaah, isn't that nice of them. And what about the 12 billion lost due to excessive and illegal tariffs? Well the Labour Party say "we just want to forget about this now and maitain our tremendous working relationship with the US", except the US don't see it as all that tremendous.. do they?
Vote Tory, vote Lib Dem, vote Green, just vote Labour out!
"US President George W Bush is heading for the steel town of Pittsburgh to raise election funds on Monday ahead of an expected climbdown on steel duties.
The US enacted tariffs on foreign steel in March 2002 to protect the industry at home.
But the duties were ruled illegal by the World Trade Organisation, and the European Union threatened sanctions.
Now, US newspapers report, Mr Bush is ready to ditch the tariffs to avoid a trade war. "
Aaaah, isn't that nice of them. And what about the 12 billion lost due to excessive and illegal tariffs? Well the Labour Party say "we just want to forget about this now and maitain our tremendous working relationship with the US", except the US don't see it as all that tremendous.. do they?
Vote Tory, vote Lib Dem, vote Green, just vote Labour out!
