http://www.theinsider.org/mailing/article.asp?id=1422
fighting back... :wink:
fighting back... :wink:
*** Japan, which has world's biggest economy after the USA, has imposed sanctions on the US regime for refusing to stop breaking international trade rules. ***
Japan has hit back against the US in a spat over a controversial anti-dumping trade law and said it plans to raise import tariffs by 15% on 15 products.
The trigger for the move has been the US's Byrd Amendment, a law that hands out the money collected in anti-dumping levies to the industries most affected.
Japan, along with other nations, challenged the law and the World Trade Organisation (WTO) declared it illegal.
The European Union and Canada already have imposed retaliatory sanctions.
Striking back