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WTO Ready for U.S. Sanctions
Reuters ^ | Thursday November 25, 11:07 AM EST | Unknown

Posted on 11/25/2004 9:46:36 AM PST by Navydog

GENEVA (Reuters) - The World Trade Organization cleared the way on Thursday to impose $150 million of trade sanctions on the United States, sought by the European Union and others, after lawyers resolved a legal wrangle.

(Excerpt) Read more at money.excite.com ...


TOPICS: Breaking News; Culture/Society; Foreign Affairs; Front Page News; Government; Miscellaneous; News/Current Events; Politics/Elections
KEYWORDS: axisofweasels; napalminthemorning; religionofpeace; trade; unitednations; wot; wto
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1 posted on 11/25/2004 9:46:37 AM PST by Navydog
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To: Navydog

Just another way to try to help the Europeans keep from going broke, they love to stick it to the US. I know the Europeans dont like us much, but its not possible for them to dislike the US any more than I dislike the Euro's/


2 posted on 11/25/2004 9:49:54 AM PST by sgtbono2002
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To: Navydog

.


3 posted on 11/25/2004 9:52:56 AM PST by Glenn (The two keys to character: 1) Learn how to keep a secret. 2) ...)
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To: Navydog

Time to leave the WTO & start a trade war. I'm sick & tired of these euro-trash socialists smug atacks on my country.


4 posted on 11/25/2004 9:52:59 AM PST by DakotaGator
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To: Navydog

The EU may impose,
let the EU collect!


5 posted on 11/25/2004 9:55:49 AM PST by TapTap (Nuke 'em 'till they glow, strafe 'em in the dark, and use their glowing butts for landing lights.)
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To: Navydog
The World Trade Organization cleared the way on Thursday to impose $150 million of trade sanctions on the United States,...

Either your with us or your against us!

Choose wisely you members of WTO!

6 posted on 11/25/2004 9:55:58 AM PST by EGPWS
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To: Willie Green; ninenot; A. Pole

ping


7 posted on 11/25/2004 9:56:40 AM PST by raybbr
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To: DakotaGator
Time to leave the WTO & start a trade war.

Lest we forget the investor, for the speculation alone would create a market turmoil.

8 posted on 11/25/2004 9:57:48 AM PST by EGPWS
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To: Navydog
The sanctions request, which stems from a row over an illegal U.S. anti-dumping law, had been expected to be rubber-stamped by the WTO on Wednesday.

So let me get this straight: we are facing sanctions because we have laws on our books designed to prevent companies in other countries from destroying our own industries through the practice of product "dumping". In other words, if Sony wants to drive all U.S. VCR makers out of business, they can undercut their prices by selling at a loss just long enough to eliminate the homegrown competition and then raise prices again (which they actually did). And a U.S. law to prevent this is "illegal"? What makes it "illegal"? Is this suposedly a violation of "international law" (whatever that is). And who the hell legislates international law anyways? I sure didn't vote for (or against) them? Or are we just seeing the WTO as it really is, a tool for subverting national sovereignty for corporate sovereignty?

9 posted on 11/25/2004 9:58:40 AM PST by pillbox_girl
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To: Navydog
Oh for the days of a president that protected the people of America over big business, labor unions & sovereignty was in vogue.
10 posted on 11/25/2004 10:02:26 AM PST by Digger
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To: Navydog

According to the article, it is just not European Union, but many other countries are involved. They seem to be especially upset about the Byrd amendment.


11 posted on 11/25/2004 10:11:33 AM PST by Fishing-guy
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To: Navydog

I hate the WTO. WTO puts more barriers on free trade. WTO is against free trade.


12 posted on 11/25/2004 10:16:45 AM PST by Ptarmigan (Proud rabbit hater and killer)
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To: EGPWS
Lest we forget the investor, for the speculation alone would create a market turmoil.

They turned the market into a casino crap shoot, they can ride it out, or hang themselves.
13 posted on 11/25/2004 10:17:09 AM PST by ARCADIA (Abuse of power comes as no surprise)
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To: Digger

What the hell does that mean? And who was that President of whom you speak?


14 posted on 11/25/2004 10:18:50 AM PST by F.J. Mitchell (If you were still in the womb, would you trust your life to Specter?????)
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To: pillbox_girl
I sure didn't vote for (or against) them?

If you voted for anyone in the "Two-Party Cartel" then you sure did vote for this. Virtually all of them are "bought & paid for" by the elites who instruct them at their designated time to carry the torch for globalism & rule against US sovereignty. If you think we will get conservatives in the Supreme Court just watch. Just watch how disappointed true conservatives will be in four years. The Bush reelection only staved off the eventual by some 10 years but it is coming because nobody seems to see it, understand it's devastation & willing to actively destroy it.

15 posted on 11/25/2004 10:22:37 AM PST by Digger
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To: Ptarmigan

From wnece came the WTO? Upon who's watch did it come to be? What prevents us from telling it to kiss our collective @$$e$!


16 posted on 11/25/2004 10:22:46 AM PST by F.J. Mitchell (If you were still in the womb, would you trust your life to Specter?????)
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To: sgtbono2002

Stick it to the US? Maybe the Euroweenies think they are, but $150 Million isn't even pocket change in terms of our total economy. In fact, if our economy were a person, $150 million would be so miniscule that it wouldn't even bother picking it up off the street.


17 posted on 11/25/2004 10:25:10 AM PST by Thane_Banquo ("Armed with what? Spitballs?")
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To: ARCADIA
They turned the market into a casino crap shoot,...

They????

OK, so we have the evil investors fooling the world into thinking that a free market is the Saviour of our age for their own personal gain.

Perhaps it's time for free traders to accept the idea of communal thinking and get even with those nasty individuals and their destructive "individual thinking"!

That way we can speed up our trip to Utopia. /s

I'm game for giving up everything I have worked for financially, just to get even with the "meenies", it's worth it and that way I can go to the government and live comfortably off others efforts and forget those nasty thoughts I had of personal promotion through hard work to achieve goals.

18 posted on 11/25/2004 10:29:25 AM PST by EGPWS
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To: EGPWS
Perhaps it's time for free traders to accept the idea of communal thinking and get even with those nasty individuals and their destructive "individual thinking"!

Wrong! It is time for investing to once again become a serious business worthy of long term investment strategies. Investing on a fad is poor substitute for investing on substance.
19 posted on 11/25/2004 10:35:37 AM PST by ARCADIA (Abuse of power comes as no surprise)
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To: CasearianDaoist
He needs to get very tough with the WTO.

Or the WTO will get tough with us.

20 posted on 11/25/2004 10:37:00 AM PST by raybbr
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