[RightWhale]

European negotiators sensed a shift in the power balance of global trade in their favor.

Right. Saddam also sensed a shift in his favor just before the blitz. Spurn the olive branch, eh?

[Arkie2]

No good deed goes unpunished! I don't think this is one of Bush's better moments. The tarrifs should have never been approved in the first place. It was blatant political pandering to the steel states engineered by Carl Rove and it came back and bit him in the butt. Now the Euro trash are going to press even harder and threaten more tarrifs if we don't knuckle under to their idea of a fair tax structure.

[Steve_Seattle]

Can anyone explain to me how the heavily-subsidized Airbus passes muster under WTO regulations?

[AreaMan]

Why are tariffs bad?

In the big picture sense, why are they bad?

If a tariff is essentially a tax on an import what is wrong with a certain level of taxation on imports?

Haven't we always had tariffs?

[Dialup Llama]

Then I can continue not buying French wines, German and Sweedish cars.

[Eternal_Bear]

With the dollar plunging downward agaisnt the Euro, we will have the export advantage and they know this.