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Politics : Stockman Scott's Political Debate Porch
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To: Rick Faurot who wrote (32114)12/1/2003 10:47:25 AM
From: Rick Faurot  Read Replies (2) of 89467
 
Dumbya tries to bail out of yet another colossal blunder:

US Seen Removing Steel Tariffs This Week
Mon December 1, 2003 07:52 AM ET
(Page 1 of 2)

WASHINGTON (Reuters) - President Bush is expected to lift controversial steel duties within the week, bowing to threats of retaliation from Europe and Asia, industry and congressional sources said.
Ending the tariffs 16 months ahead of schedule to comply with a World Trade Organization ruling could spark a political backlash against Bush in next year's presidential election in the pivotal steel-producing states of Ohio, Pennsylvania and West Virginia.
But Bush's advisers concluded that the tariffs were causing more harm than good, and that lifting them would boost Bush's standing with small- and medium-sized Midwestern manufacturers, another important constituency, the sources say.

reuters.com
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