Independent journal on economy and transport policy
08:35 GMT+2
EU scores in US trade battle
(BBC News)
September 2, 2002
(posted Aug. 30)
By Patrick Bartlett BBC Europe Business Correspondent BBC News
The World Trade Organisation (WTO) has ruled that the European Union (EU) can impose $4bn (£2.6bn) worth of sanctions against the US in a dispute over tax breaks for its exporters.
The WTO has backed the EU's claim that the tax scheme amounts to a massive illegal subsidy which costs European ...... Read more on BBC News
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