THE EUROPEAN UNION'S EXECUTIVE BODY HAS DRAWN UP PLANS TO RETALIATE AG...

World | March 23, 2002, Saturday // 00:00

The European Union's executive body has drawn up plans to retaliate against US President George W Bush's decision to impose tariffs of up to 30% on imported steel. It has sent the 15 member states a list of counter-tariffs on US exports to the EU worth $2.1bn (Ј1.5bn) a year for approval, said European Commission spokesman Anthony Gooch.

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