The Europeans are overplaying their hand. They win a political victory that forced Bush to climb down from steel tariffs that he shouldn't have proposed in the first place. Bush's climbdown is actually a good thing. However, methinks that they are trying to give subsidized outfits like Airbus a leg up. Bush will actually win domestic political points by standing up to the Eurotrash.
Be Seeing You,
Chris
Gee, do ya think? Of course they're trying to give subsidized firms like airbus a leg up (it's part of the subsidy); it's why any thing resembling the current definition of "free trade" cannot possibly work. No, the tariffs were a mistake because they left too many loopholes.