Sponsored by
US given more time in steel row
THE European Union has given the United States a few more days before nations start applying billions of pounds in trade sanctions in retaliation for US steel tariffs declared illegal under international law, the World Trade Organisation said today.
In a move suggesting the US is bowing to pressure to drop its tariffs, all the countries involved in the case have jointly agreed to put off formally adopting a WTO ruling on the issue until December 10 - the last day it can legally be done. It had originally been scheduled for next Monday.
The EU, Japan and Norway have said they will start imposing duties on US imports five days after the ruling is adopted unless the extra tariffs, which President Bush has claimed are needed to give breathing space to the beleaguered US steel industry, are dropped.
Email to a friend
Print this page- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Rangers takeover: Duff & Phelps threaten legal action against BBC
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Friday 25 May 2012
Today
Sunny
Temperature: 10 C to 21 C
Wind Speed: 14 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 9 C to 20 C
Wind Speed: 15 mph
Wind direction: North east
