Fashion
EU to drop punitive tariffs
Officials of the European Union have revealed that they plan to drop $4 billion (GBP2.2 billion) in penalizing tariffs on a number of textile- and apparel exports to the US. The decisions were made as a reprisal against so-called illegal subsidies, they said. The sanctions are expected to be revoked from 1 January 2005. In March, the punitive...
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