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| | Tariff - Wikipedia, the free encyclopedia |
 | | These tariffs may be harder to decide the amount at which to set them, and they may need to be updated due to changes in the market or inflation. | | | A specific tariff is a tariff of a specific amount of money that does not vary with the price of the good. | | | The distinction between protective and revenue tariffs is moot; revenue tariffs offer protection, and protective tariffs produce some revenue unless they are prohibitive in which case little or nothing is imported of that product, thus resulting in trivial or no revenue. |
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http://en.wikipedia.org/wiki/Tariff
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| | United States steel tariff 2002 - Wikipedia, the free encyclopedia |
| | To decide whether or not the steel tariffs were fair, a case was filed at the Dispute Settlement Body of the World Trade Organization. | | | Critics also contended that the tariffs would harm consumers and U.S. businesses that relied on steel imports, and would cut more jobs than it would save in the steel industry. | | | These safeguard measures have now achieved their purpose, and as a result of changed economic circumstances it is time to lift them." |
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http://en.wikipedia.org/wiki/Steel_tariff
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| | CNN.com - Bush OKs lower steel tariffs than sought - Mar. 5, 2002 |
| | The tariffs, which are 10 percent lower than what the industry demanded, exclude members of the North American Free Trade Agreement, including Canada and Mexico, and developing nations, which export a minuscule amount of steel, Robert Zoellick, the U.S. trade representative, told reporters at the White House Tuesday. | | | The administration and industry officials told CNN it will not back a $10 billion bailout that would help hundreds of thousands of steel industry retirees and their families by covering their health-care and life insurance costs. | | | Though details were not immediately available, earlier reports suggested that developing countries such as Turkey, Argentina and Thailand could be excluded from tariffs. |
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http://edition.cnn.com/2002/BUSINESS/03/05/steel
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| | Byliner: Commerce's Evans Says Steel Tariff Strategy Was Successful |
| | This decision was made after an exhaustive study by the U.S. International Trade Commission (ITC), intensive consultations with the steel industry and steel consumers, and a careful examination of the state of the global economy in which the steel industry operates. | | | In addition, global steel markets have recovered from the ravages of the financial crises that marked the late 1990s. | | | Decades of government ownership and subsidization of foreign steel mills had greatly distorted this market, leading to an unlevel playing field that cost American jobs. |
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http://japan.usembassy.gov/e/p/tp-20031208-02.html
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| | Text: Congressional Steel Caucus Chairman Hails Steel Tariff |
| | Steel constitutes only a small share of the total cost of most products that contain steel, so the cost to the consumer and the costs on a single consumer item would be minimal. | | | Hausman's study, which unlike the CITAC study so often quoted in the media, accurately reflected the current steel market, showed the tariffs would cost the average consumer about $2 a year and have no negative impact on the U.S. economy. | | | Hausman's study showed that the section 201 remedies would provide a net benefit of $9 billion a year to the U.S. economy. |
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http://japan.usembassy.gov/e/p/tp-ec0468.html
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| | Newswise |
| | Since the start of the tariffs, steel prices in the U.S. are among the lowest in the world, and the product is readily available. | | | Bush’s decision on steel tariffs is expected soon. | | | According to Hinshaw, steelworkers are forced to travel to Canada to purchase prescriptions due to the high costs in the U.S. “These are the issues that are still not being addressed by Bush,” says Hinshaw. |
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http://www.newswise.com/articles/view/502207
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| | deseretnews.com Steel tariff accord praised |
| | The price of steel today, even adjusted for inflation, is virtually unchanged from 1981 levels, according to figures from the American Iron and Steel Institute. | | | And the Consuming Industries Trade Action Coalition, an alliance of companies advocating open trade, said foreign producers won't be the ones punished by the plan, but American manufacturers and their workers would be. | | | Opponents say the president's decision is a triumph of politics over principle, leading the country toward protectionism and higher prices on consumer goods while ruffling relations with steel-producing countries around the world. |
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http://deseretnews.com/dn/view/0,1249,375014221,00.html
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| | White House Says Steel Tariff Decision Consistent With WTO Rules |
| | Every segment of the steel industry, regardless of the region, the size of the companies, or whether they use mini-mill or integrated production processes has seen its profitability suffer in recent years. | | | The information and views of all of these parties and from all of these sources, as well as others, were taken into consideration when the President evaluated the various factors that the statute requires him to take into account. | | | We have had extensive discussions with government officials and representatives from foreign steel companies and have listened carefully to their recommendations and analysis. |
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http://www.usembassy.it/file2002_03/alia/a2030513.htm
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| | Bush's folly [Steel Tariff] |
| | The steel they use will now cost more, driving up production costs, affecting both profit margins and consumers of their goods. | | | In a globalised economy, that will tempt more US companies to shift production to countries where costs are lower. |
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http://www.freerepublic.com/focus/fr/641939/posts
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| | Bush steel tariff move impacts ‘Rust Belt’ voters |
| | The TPA bill, which passed the House by one vote, must still be approved after it comes out of conference committee. | | | Additionally, the revenue could be used to offset a major reduction or elimination of the corporate income tax, providing domestic producers a more "level playing field". | | | Or he could give steel what they want and there’s still no guarantee he’ll get a TPA bill out of the Senate. |
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http://www.freerepublic.com/focus/fr/643512/posts
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| | BW Online March 8, 2002 Behind the Steel-Tariff Curtain |
| | Tariffs, after all, are taxes levied on imports. | | | The Administration passed over pleas from giants such as Bethlehem Steel and U.S. Steel for Washington to assume $13 billion in pension and health-benefit costs for 600,000 retirees. | | | He also argued that "to sustain the support for free trade, we have to be willing to help some of the victims of unfair trading practices." Translation: To get a bill through Congress authorizing the Administration to conduct future trade negotiations, the White House needed to win friends among steel-state Republicans. |
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http://aol.businessweek.com/bwdaily/dnflash/mar2002/nf2002038_1478.htm
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| | Daschle Urges Bush to Support 4-Year 40 Percent Steel Tariff |
| | Steel prices are now at their lowest level in 20 years. | | | Daschle noted that the United States is seeing the lowest prices for steel in 20 years and attributed this situation to "global competitors who unfairly benefit from government subsidies or have resorted to flooding our Nation with imports." | | | In a very real sense, the future of the steel industry in America hinges on the administration's decision. |
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http://www.useu.be/Categories/Trade/Feb2802DaschleSteel.html
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| | Businesses Ask for Steel Tariff Exemptions |
| | Without an exemption from tariffs, Precision may have to cut jobs at its 100-employee facility. | | | Some small businesses that use certain foreign steel products have asked the Bush administration for exemptions from the tariffs imposed last month, the AP reports. | | | "A tariff would add several million dollars to our costs and I am not sure we can absorb that without reducing production and that means job losses," said David Gullickson, Precision's vice president. |
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http://www.nfib.com/object/3269663.html
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| | Steel tariff decision may spark trade war - 11/11/03 |
| | The European Union, in retaliation against U.S. tariffs on imported steel, is proposing more than $2 billion in taxes on imported U.S. goods. | | | "If you keep those tariffs in place until 2005," said Lopes, "perhaps (the steel industry) is in a better economic situation than before, but now your customers, if they're small and medium size business, have shut down, and your bigger customers... | | | The continuing debate on free trade is likely to assess whether U.S. trade agreements have contributed to the loss of millions of manufacturing jobs over the last three years. |
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http://www.detnews.com/2003/autosinsider/0311/11/a01-322245.htm
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| | TIME.com: How Bush Can Get Right on Steel -- Page 1 |
| | His decision Tuesday to impose tariffs on imported steel unquestionably did damage to the U.S. and global economic recovery at a precarious time, adding inflationary pressures to steel-based products and killing jobs in steel-consuming businesses (eight for every one saved by the tariffs, according to a study financed by those same steel consumers). | | | His decision Tuesday to impose tariffs on imported steel unquestionably did damage to the U.S. and global economic recovery at a precarious time, adding inflationary pressures to steel-based products and killing jobs in steel-consuming businesses (about eight for every one saved by the tariffs, according to one study). | | | Bush might have saved all this trouble by simply writing U.S. Steel, Bethlehem Steel and the other ailing domestic producers the up-to-$12 billion bailout check they wanted, allowing them to pay off those crippling "legacy costs," consolidate at will, and get back in fighting trim without affecting U.S. prices or global relations. |
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http://www.time.com/time/nation/article/0,8599,214934,00.html
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| | Asia Times: Cold, hard reaction to US steel tariff move |
| | However, domestic opponents charge that the tariffs will end up having the opposite effect on the US economy, with companies that are big users of steel like automobile and appliance manufacturers essentially taxed for their raw materials, which will drive up costs, reported the New York Times. | | | SEOUL - South Korea, Japan and Australia have joined a global protest against a US decision to levy tariffs on steel imports, with some countries threatening to press the case before the World Trade Organization (WTO). | | | But Australian OneSteel Ltd said the direct impact of the plan would be negligible on its operations. |
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http://www.atimes.com/global-econ/DC07Dj01.html
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| | DSB: US STEEL-TARIFF PLAN FACES FIERCE CRITICISM |
| | Following the Bush administration's decision last week to raise tariffs up to 30 percent over a range of steel products, a number of WTO Members have voiced serious concern over the US plan, arguing that it is a clear violation of WTO rules. | | | The EC announced it would seek compensation for approximately US$ 2.5 billion, the amount of steel trade it claims was affected by US measures. | | | Friends of the Earth called on European governments to ban US imports of GM food and to levy an energy tax on US goods entering Europe in retaliation for President Bush's imposition of a 8-30 percent levy on imported steel. |
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http://www.ictsd.org/weekly/02-03-12/story6.htm
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| | The Wall Street Journal August 20, 2002 - Steel's Tariff Addiction |
| | And they are raking in the profits, which they will use not to improve their efficiency but to invest in more lawyers. | | | Brazil, which just got $30 billion in financial aid from the International Monetary Fund, will face additional tariffs of 43% -- on top of the 30% imposed in March. | | | And prices are up between 30% and 50%, according to the Consuming Industries Trade Action Coalition. |
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http://www.trilla.com/wsj_aug_20.htm
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| | Rep. Brown Says 3-Year, 30 Percent Steel Tariff Not Enough |
| | Brown, a member of the Congressional Steel Caucus, helped lead opposition to the bill that established permanent normal trade relations with China, clashing with then-President Clinton. | | | It does not deal with the legacy costs for those companies that are continuing to produce steel. | | | Yet, in America, employers must pick up those health care costs. |
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http://www.usembassy.it/file2002_03/alia/a2030819.htm
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| | Features Item: Steel Tariff Sword Swings In Defense of Domestic Steelmakers |
| | Jon Jenson, chairman of CITAC, said that “the tariffs are new taxes on American manufacturing,” coming from a president famous for declaring that new taxes could only come over his dead body. | | | Jenson cited three separate studies released since December, all agreeing that tariffs on imported steel will result in thousands of jobs lost among steel-consuming sectors. | | | Those views are also held by economists at the Brookings Institution, a liberal think tank, and the Heritage Foundation, a conservative think tank. |
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http://www.ammagazine.com/CDA/ArticleInformation/features/BNP__Features__Item/0,2606,74885,00.html
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| | Steel |
| | The three largest steelmakers invested $3 billion to consolidate the flat-rolled sector, and more than half of U.S. raw steelmaking capacity is now owned by firms that merged or restructured since the safeguard was introduced. | | | Steel Tariff Exemption Process to Continue, USTR Says, July 3, 2002 | | | The government has received from U.S. steel consumers as well as foreign steel producers more than 1,200 requests for exclusions, it added. |
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http://www.useu.be/Categories/Trade/Steel
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| | NCPA - Daily Policy Digest - The Steel Tariff Decision |
| | Source: Bruce Bartlett, "The Steel Tariff Decision," March 31, 2003, National Center for Policy Analysis. | | | The motor vehicle industry lost $7.6 billion, industrial machinery lost $2.5 billion, and the fabricated metal products industry saw profits fall from $9 billion in 2001 to $5.8 billion last year. | | | Not surprisingly, profits are up among steel producers and down among steel users: |
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http://www.ncpa.org/iss/tra/2003/pd033103a.html
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| | Workers rally for steel tariff |
| | Steelmakers argue that foreign competitors have been dumping their products in the U.S. market since 1997 by selling steel for less than it costs to produce, causing huge losses for U.S. steelmakers, who must cut their own prices. | | | Some steelmakers have requested a bailout of as much as $12 billion to cover such costs, a step they say would help them to clean up their balance sheet and arrange cost-saving mergers. | | | Steel importers and manufacturers that use the metal are waging a fierce lobbying battle of their own, telling the president that any tariffs on steel imports could mean higher prices for consumers on goods like appliances and could lead to massive layoffs at companies that use steel. |
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http://www.freep.com/news/nw/steel1_20020301.htm
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| | AHAM - Association of Home Appliance Manufacturers Consumer Section |
| | The Consuming Industries Trade Action Coalition (CITAC) has estimated that over 200,000 Americans lost their jobs as a result of higher steel prices in 2002, resulting in over $4 billion in lost wages. | | | Several AHAM members have seen purchase price increases from 17% to 30% from pre-April 2002 levels. | | | This dramatic increase has impacted appliance production, and in some cases, changed product assembly schedules. |
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http://www.aham.org/News/newsitem.cfm?Item_ID=175
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| | Weirton Steel CEO Proposes Extension Of Steel Tariff Percentage |
| | At the end of the second year, the administration could review the matter and determine whether or not to retain or lower the tariff," Walker remarked. | | | Extending the 30 percent tariff beyond one year would greatly benefit our goal and that of the administration." | | | Weirton Steel CEO Proposes Extension Of Steel Tariff Percentage |
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http://www.weirton.com:8065/company/invest/press/press090902.html
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| | BBC NEWS Business Bush ditches steel import duties |
| | Mr Bush has had to balance these complaints with those of steel users such as car makers, which have complained that tariffs have made their life more difficult by driving up prices. | | | CBI director general Digby Jones said businesses on both sides of the Atlantic would welcome the news that the US government had "come to its senses". | | | Mr Bush had justified them by saying foreign steel firms were driving US firms out of business with unfair competition and government subsidies. |
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http://news.bbc.co.uk/1/hi/business/3291537.stm
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| | USWA: Steelworkers Condemn WTO Rejection of U.S. Steel Tariff |
| | The USW president cited the consequences of the assault since 1998 on American steel, listing 42 companies forced into bankruptcy, more than 50,000 steelworkers who have lost their jobs, and government takeover of pension plans for 17 steel companies involving 240,000 participants and nearly $7 billion in unfunded pension benefits. | | | Gerard pointed out that since the steel crisis began, more than 300,000 active and retired American steelworkers have unnecessarily paid the burden of unfair trade. | | | Contact Us Portions of this website are paid for by the United Steelworkers of America Political Action Fund, with voluntary contributions from union members and their families, and is not authorized by any candidate or candidate's committee. |
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http://www.uswa.org/uswa/program/content/691.php
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| | U.S. Initiates New Steel Tariff Exemption Review |
| | In a November 19 news release the Office of the U.S. Trade Representative (USTR) and the Commerce Department asked U.S. steel consumers and foreign producers to submit their exemption requests by December 3, 2002, so that the administration has enough time to review all requests by the March 2003 deadline. | | | USTR and Commerce will consider all information submitted by U.S. steel consumers, U.S. steel producers, and foreign steel producers, and will make decisions based on the review of the technical and commercial merits of each request. | | | The initial exclusion process in which 727 products were exempted from the duties imposed under Section 201 of U.S. trade law ended in August. |
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http://www.useu.be/Categories/Trade/Steel/Nov1902SteelExemptionsReview.html
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| | Steel Tariff |
| | China Resources Power will embark on an 800 million yuan (HK$767.4 million) coal-mining venture in Henan province, near its generating plants, in a move designed to cut fuel costs. | | | United States Steel Corporation Reports 2005 Third Quarter Results | | | A major problem with having a steel policy is that it lays the ground for artificial survival of derelict relics like the Joint Plant Committee and the ministry of steel. |
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http://www.steeltariff.com
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| | USATODAY.com - Steel tariff ruling tests Bush |
| | "The steel industry is a test case for problems facing all sectors of U.S. manufacturing," said Daniel DiMicco, CEO of Charlotte-based Nucor (NUE), the USA's largest steel producer. | | | Unless Bush lifts the steel tariffs, the EU says it will impose its own penalties on $2.2 billion in U.S. goods, likely in December. | | | The penalties the EU is entitled to would be the biggest ever levied by one WTO member against another. |
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http://www.usatoday.com/money/economy/trade/2003-11-10-steel_x.htm
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| | CNN.com - Europe angry at U.S. steel tariff - March 5, 2002 |
| | Bush's move, due to come into effect on March 20 and last for three years, is to help the struggling U.S. steel industry, but imports from some countries including Canada and Mexico are to be exempted. | | | But some American steel makers had pushed for a 40 percent tariff for four years to combat low prices and high labour costs. | | | The EU and the U.S. have the world's biggest trade relationship and are the only two major steel import markets. |
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http://archives.cnn.com/2002/WORLD/europe/03/05/steel
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| | TOM WALSH: Steel tariff backlash hard to stomach |
| | Auto suppliers are losing business to China, England -- and even to our friendly northern neighbor, Canada, whom the prez graciously exempted from the steel tariffs. | | | The tariffs have clearly had their intended short-term effect. | | | Leuliette said auto suppliers will be "the meat in the sandwich," stuck between tariff-inflated steel costs and auto companies that won't accept higher prices for components. |
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http://www.freep.com/money/business/walsh15_20020815.htm
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| | Steel Tariff Paradox Blooms |
| | The majority in the Congress, and the President, have reacted to the fact that the continued existence of the U.S. steel industry is a prime national-security issue, both for the economy as such, and for national-defense requirements as well. | | | The news is, that the cause for their acute anxieties over this matter, is not the matter of the price of steel as such. | | | The keystone of the economic insanity which has ruled the world increasing for about thirty-five years, just went kerplunk. |
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http://larouchein2004.net/pages/pressreleases/2002/020309steelparadox.htm
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| | Boston.com / News / Politics / Steel tariff decision dogs Bush |
| | The decision presents Bush with potentially significant benefits and costs to his reelection chances, regardless of which way he goes. | | | Bush traveled to "Steel City" to raise campaign cash at an event that offered, for $2,000 apiece, a standing-only buffet lunch. | | | "Steelworkers and steel companies are doing what you asked them to do in 2002 -- make painful decisions to increase their competitiveness," Sweeney wrote. |
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http://www.boston.com/news/politics/president/bush/articles/2003/12/03/steel_tariff_decision_dogs_bush
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| | ABC News: Report: Japan to Impose U.S. Steel Tariff |
| | United States Steel Corp. said Tuesday its second-quarter earnings rose 16 percent on strong operating results in its European and tubular segments, as well as solid performance in the company's flat-rolled business. | | | Washington placed tariffs on hot-rolled steel from Japan, Brazil and others starting in 1999 on allegations that they were selling their products at unfairly low prices. | | | The Byrd amendment, passed in October 2000 and named after West Virginia Senator Robert Byrd, raised such penalty tariffs and also awarded American companies the revenue collected by the U.S. government on those duties. |
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http://abcnews.go.com/Business/wireStory?id=984618
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| | CNN.com - Bush administration lifts steel tariffs - Dec. 4, 2003 |
| | But it faced a barrage of complaints from steel-consuming industries, according to the AP, who claimed the higher prices they had to pay were costing more jobs at U.S. steel companies than were being saved. | | | The domestic steel industry, he said, is more efficient, more competitive, and more profitable. | | | The administration will cushion the blow by closely monitoring the industry to ensure that foreign steel is not dumped into the United States. |
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http://www.cnn.com/2003/ALLPOLITICS/12/04/elec04.prez.bush.steel
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| | BBC NEWS Business WTO launches US steel tariff probe |
| | The trade watchdog earlier on Monday said it would appoint an expert panel to determine whether the controversial tariffs are compatible with international trade agreements. | | | The World Trade Organisation has agreed to launch a probe into whether steel import tariffs imposed by the US earlier this year are legal. | | | But the US says the duties are a temporary measure designed to safeguard its domestic industry from predatory pricing by foreign producers until it has had time to restructure. |
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http://news.bbc.co.uk/1/hi/business/2022849.stm
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| | New Steel Tariff Rejected by Trade Panel |
| | The Bush administration has already imposed tariffs of up to 30 percent on a wide range of steel products from Europe, Asia and Latin America, but in recent weeks has exempted a number of products from the affected list. | | | John Walker, president of the Weirton Steel Corporation in West Virginia, complained that today's ruling would simply add to the difficulties created by the administration's retreat on the steel safeguards. | | | The ruling is a big setback for companies like U.S. Steel and Bethlehem Steel because it suggests that the American producers are exhausting the government's patience in seeking ever higher levels of protection against foreign competition, The Times reported. |
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http://www.nysscpa.org/home/2002/802/4week/article30.htm
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| | Steel tariff pits re-election against EU trade - PittsburghLIVE.com |
| | Japan also will raise duties on clothing, leather goods and other household items by about 5 percentage points, trade ministry officials said. | | | Each state is granted votes based on the number of senators and representatives it has in the U.S. Congress. | | | A decision to end the steel tariffs may cost the industry as many as 50,000 jobs at steel companies now in bankruptcy, said Wilbur Ross, chairman of International Steel Group. |
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http://www.pittsburghlive.com/x/tribune-review/business/s_166780.html
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| | Townhall.com :: Columns :: Poor Paul O'Neill by Bruce Bartlett |
| | Referring to his own notes of the meeting, Conda said that the discussion was about extending depreciation rules that were due to expire, not about reducing income tax rates. | | | Lacking the stature of the Treasury secretary to beat down tariff supporters like Commerce Secretary Don Evans, the opponents essentially lost by default. | | | One of the most serious charges made by former Secretary O'Neill is that President Bush expressed concern about the proposed 2003 tax cut being too tilted toward the rich at a November 2002 White House meeting. |
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http://www.townhall.com/columnists/brucebartlett/bb20040113.shtml
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| | BBC News UK POLITICS Blair 'seeks steel tariff deal' |
| | The EU has already drawn up a list of US exports it plans to target with tariffs in retaliation. | | | Last month's decision by President Bush to slap surcharges of up to 30% on most steel coming into the US, to protect domestic producers, risked sparking a global trade war. | | | The prime minister raised the issue of tariffs during his weekend meeting at President Bush's Texas ranch, Downing Street has confirmed. |
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http://news.bbc.co.uk/low/english/uk_politics/newsid_1918000/1918407.stm
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| | President in a Political Vise Over Steel Tariff Decision |
| | But he will anger steel companies, and their workers, in Pennsylvania and West Virginia, also crucial states in the coming election. | | | The W.T.O. authorized retaliatory tariffs of $2.3 billion by Europe, which had spearheaded the case against the United States, and by Asian and South American exporters as well, if Mr. | | | Find more results for Customs (Tariff) and Steel and Iron |
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http://www.nytimes.com/2003/12/02/national/02STEE.html?ex=1385701200&en=eaa4e16e48ab7e16&ei=5007&partner=USERLAND
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| | George W. Bush - encyclopedia article about George W. Bush. |
| | The steel tariff was later rescinded under pressure from the World Trade Organization. | | | Bush's imposition of a tariff on imported steel and on Canadian softwood lumber was controversial in light of his advocacy of free market policies in other areas, and attracted criticism both from his fellow conservatives and from nations affected. | | | His proposal would match employers with foreign workers for a period up to six years; however workers would not be eligible for residency or citizenship. |
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http://encyclopedia.thefreedictionary.com/George+W.+Bush
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| | STEEL TARIFF REPEAL GOOD NEWS FOR VALLEY CITRUS INDUSTRY |
| | Shortly after the president announced that the tariffs would expire at midnight, Dec. 4, the European Union announced it too was withdrawing its $2.2 billion list of targeted products, including fruit. | | | Many of our competitors pay a lesser amount, and in some cases no tariff at all," said Prewett. | | | Bush imposed the import tariffs last year to help the struggling U.S. steel industry. |
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http://agnews.tamu.edu/dailynews/stories/HORT/Dec2203a.htm
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| | USATODAY.com - U.S. to appeal WTO ruling against steel tariffs |
| | The action, which the U.S. had argued was allowed under the WTO's Safeguards Agreement, would have to be brought into line with the trade body's rule-book, the panel added. | | | A WTO panel issued a final ruling Friday against the steel tariffs, which ranged up to 30% in 10 different product categories. | | | The decision had been expected since March, when details of an interim report leaked. |
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http://www.usatoday.com/money/economy/trade/2003-07-11-wto-steel-ruling_x.htm
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| | 2002 |
| | United States steel tariff 2002 The steel tariff is a 2003. | | | The temporary tariffs of 8-30% were originally scheduled to... | | | Violence in the Israeli-Palestinian conflict 2002 The neutrality of this article is disputed. |
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http://www.brainyencyclopedia.com/topics/2002.html
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| | Report: Japan to Impose U.S. Steel Tariff |
| | Local media reported Thursday that Japan was planning to impose a 15 percent retaliatory tariff in September on about 10 products as a countermeasure to duties imposed by the United States on Japanese steel products under the so-called Byrd amendment, an antidumping law ruled illegal by the World Trade Organization. | | | Japan plans to impose retaliatory sanctions against the U.S. steel products of up to $51 million, a Japanese trade official said Thursday. | | | Ikuyo Katsuta, a tariffs official at the Japanese Trade Ministry, confirmed that Tokyo plans to go ahead with the tariffs, but she would not give a timetable. |
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http://sfgate.com/cgi-bin/article.cgi?f=/n/a/2005/07/27/financial/f213110D38.DTL
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