Japan, EU Still Plan to Make Tariff Complaint
Japan and the European Union welcomed a decision by the Bush administration to exempt 178 more steel products from new protective tariffs but said they would still pursue complaints against U.S. policy at the World Trade Organization’s meeting next month.
“This is at first sight a positive action,” said EU Trade Commissioner Pascal Lamy, but the United States should “withdraw the remaining WTO illegal measures soonest.”
A Japanese government official said Tokyo hadn’t decided whether to avert a trade war with its closest ally by shelving plans to slap retaliatory tariffs on U.S. steel products.
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