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. . Capitalist Imperialism or Socialist Communism? ... http://www.egroups.com/group/Communist-Internet ] [Subscribe: [EMAIL PROTECTED] ] . . ----- Original Message ----- From: <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Sunday, October 13, 2002 7:47 PM Subject: [Info4] EU Threatens US With Massive Trade Sanctions EU Threatens US With Massive Trade Sanctions http://www.guardian.co.uk/eu/story/0,7369,791681,00.html Mark Tran Friday September 13, 2002 The EU today stepped up the pressure in its trade dispute with the US by publishing a list of American goods liable for sanctions worth billions of dollars. This initial list includes products ranging from chewing gum and boiled sweets to parts for nuclear reactors. The goods are worth around $14bn (£8.9bn) annually, but the final list may be trimmed once European companies exclude products they need or to avoid retaliation. "It has been published today and we have given industry 60 days to react, up to November 12," an EU trade official said. "After that we will draw up a definitive list." The EU won the right to impose the duties after the world trade organisation (WTO), the global trade body, ruled that a US tax break scheme for companies amounted to a massive illegal subsidy for exporters. The EU has said it would prefer Washington to change the offending law rather than resort to sanctions that could rupture world trade. MORE: http://www.guardian.co.uk/eu/story/0,7369,791681,00.html _______________________________________________ --------------------------- ANTI-NATO INFORMATION LIST ==^^=============================================================== This email was sent to: archive@jab.org EASY UNSUBSCRIBE click here: http://topica.com/u/?a84x2u.bacIlu Or send an email to: [EMAIL PROTECTED] T O P I C A -- Register now to manage your mail! http://www.topica.com/partner/tag02/register ==^^===============================================================
