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Technology Stocks : Nokia (NOK)
NOK 6.480-0.2%Jan 9 9:30 AM EST
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To: JohnG who wrote (13262)7/3/2001 8:26:00 AM
From: Dave  Read Replies (2) of 34857
 
John,

This is something I don't understand...

The steel dispute comes amid an equally damaging row over tax subsidies given to US companies operating in
Europe. The World Trade Organisation (WTO) last month ruled that the Bush Administration was breaking
international trade regulations by offering the subsidies, and opened the door for the EU to impose $4 billion in
sanctions against the US.

And the Europeans don't subsidize their businesses? What about Airbus? Isn't that still being heavily subsidized by the EU, while poor Boeing has to fend for itself?
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