March 4, 2004 |
Mexico partially lifted its ban on U.S. beef imports, announcing that boneless cuts from animals less than 30 months old and veal from animals less than 9 months old could be imported. The government had imposed a ban Dec. 24, the day after a single case of mad-cow disease was reported in Washington state. Mexico has been the second-largest foreign market for U.S. beef. From Associated Press
January 27, 2004 |
U.S. lawmakers should avoid protectionist policies as labor markets pass through a realignment that is causing a "high degree of pain" for some workers, Federal Reserve Chairman Alan Greenspan said. "Competition from abroad has risen to a point at which developed countries' lowest skilled workers are being priced out of the global labor market," Greenspan said via satellite to the HM Treasury Enterprise Conference in London.
March 28, 2002 |
The European Union's head office formally adopted tariffs of up to 26% on steel Wednesday to prevent a feared flood of cheap imports from countries hit by U.S. protective measures. Labeling the U.S. tariffs, which took effect last week, "unfounded, unnecessary and unfair," EU officials said they were forced to respond in kind to safeguard Europe's own shaky steel industry. Warning against "over-dramatization," however, they also appealed for a truce to avert a transatlantic war.
December 15, 2001 |
A U.S. trade agency's recommendation that President Bush levy tariffs of as much as 40% on steel imports would cost steel buyers more than $2 billion a year and lead to three job losses for every one saved, a group representing steel-consuming companies said. The Consuming Industries Trade Action Coalition, representing Caterpillar Inc., Procter & Gamble Co., Deere & Co. and other steel buyers, is joining the fight against tariffs proposed last week by the U.S. International Trade Commission.
December 16, 1999 |
The failure of global trade talks in Seattle has sent governments around the world scrambling to strengthen economic ties with their neighbors, accelerating a trend that trade experts say could undercut U.S. influence and opportunities abroad.
July 1, 1999 |
The Europe-Latin America summit that ended here Tuesday provided a good forum for bashing an uninvited guest--the United States--for what some countries say is its tendency to talk the free-trade talk but walk a more protectionist line. Brazil and other Latin countries complain about U.S. restrictions on products ranging from sugar, tomatoes and orange juice to steel, textiles and shoes, often in the form of anti-dumping penalties. Difficulties getting into the lucrative U.S.