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Fri, Mar 08, 2002 - Page 21 News List

EU to take steel issues to the WTO

HEAVY METAL Steel exporters from around the world are upset with President George W. Bush's announcement that the US will impose higher tariffs and quotas on imports

REUTERS , WASHINGTON AND GENEVA

The US decision comes less than a month after Bush toured East Asia, urging Japan to overhaul its long-cosseted economy and calling on China to live up to its pledges as a new member of the WTO and promote free trade.

Trade envoys in Geneva said the tariff row could seriously damage newly launched global free trade talks, undermining the goodwill won by the US in agreeing to discuss sensitive issues in the so-called Doha Round.

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