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Strategies & Market Trends : Fascist Oligarchs Attack Cute Cuddly Canadians

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To: Maurice Winn who wrote (255)3/12/2002 12:09:16 AM
From: marcos  Read Replies (1) of 1293
 
' New Zealand Acts Against U.S. Steel

New Zealand Begins World Trade Organization Action Over U.S. Steel Tariffs

WELLINGTON, New Zealand (AP) -- The government has taken the first step toward action against the United States over tariffs imposed on steel from New Zealand, officials said Tuesday.

Wellington has lodged a request with the World Trade Organization for formal talks with the United States on the new tariffs, which take effect from March 20.

The request comes after similar moves by the European Union and Japan over the steel tariffs. It's the first stage in claiming compensation under the WTO's agreement on trade safeguards.

Tariffs of up to 30 percent will be imposed on most New Zealand steel imports to the United States under the measures.

Prime Minister Helen Clark has said she will raise the tariff issue at her March 27 meeting with President Bush.

New Zealand exports about $25 million of finished steel to the United States each year.

Australia announced Monday 85 percent of its steel exports to the United States would not be affected by the new tariff barriers.

If the bilateral talks fail, complaining countries can take retaliatory measures against some imported U.S. products from three months after the U.S. tariffs take effect. '

ca.us.biz.yahoo.com

Helen, thy beauty is to me
Like those Nicean barks of yore
That gently, o'er a perfumed sea,
The weary way-worn wanderer bore
To his native shore.

[E.A. Poe] ... what a filthy bunch of corruptos eh, picking on tiny New Zealand ... which has roughly, btw, the same population as does British Columbia, on which they have been picking for some time
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