View Full Version : US reverses the illegal Duties

Rat Faced
10-25-2004, 05:43 PM
BRUSSELS (Reuters) - The EU called off its sanctions on $4 billion worth of U.S. goods on Monday after Washington repealed illegal export tax subsidies, bringing some balm to transatlantic ties wounded by a battle over Airbus and Boeing.

Source and Full Story (http://olympics.reuters.com/newsArticle.jhtml?type=businessNews&storyID=6601733)

Does this mean he's Flip Flopping? :rolleyes:

10-25-2004, 07:08 PM
Well the original idea was another "America comes first" thing benefitting US companies, however i suspect there was an "underestimation" of the backlash and the fact that a reversal is starting only goes to show that the USA does indeed need the rest of the world more than the world need them.
We need to go further and rid ourselves of some other trade "bias" but it's a good start and i praise this administration for that.