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Mandelson: the new sanctions target US anti-dumping subsidies (Photo: European Commission)

EU imposes new trade sanctions on US

The European Union has imposed additional retaliatory sanctions against the US in response to anti-dumping measures meant to protect US companies.

EU trade commissioner Peter Mandelson said on Monday (1 May) that the penalties from Brussels were justified because of a US law allowing American companies to receive proceeds from anti-dumping duties levied on foreign rivals.

The disputed trade law, called the "Byrd amendment," was ruled illegal by the World Trade Organisation (WTO) ...

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Mandelson: the new sanctions target US anti-dumping subsidies (Photo: European Commission)

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