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22 November 2008 The on-line newspaper devoted to the world of transports 10:35 GMT+1



September 2, 2002
(posted Aug. 30)

EU scores in US trade battle

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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