[nextthunder]

United States to bring its legislation in conformity with its international obligations

[evolved_rage]

Fine...I'll just buy more crap from China. D'oh!

[henderson field]

What a shame.

[NEBUCHADNEZZAR1961]

Free-Trade bump!!!

[soccer_linux_mozilla]

The duty would hit imports including paper, agricultural, textile and machinery products from May 1, and affect slightly less than $28 million in trade, the European Commission said.

[Southack]

"BRUSSELS: The European Union plans to slap an extra 15 percent import duty on a range of US goods..."

Excellent! Bring on the trade war!

10% German unemployment? 11% German unemployment? 12% German unemployment?

You ain't seen nothing yet, just wait until they find that the largest buyer of their exports just closed our doors to them.

In short, bring it on!

[PhilipFreneau]

>> United States to bring its legislation in conformity with its international obligations

What international obligations are you referring to? Certainly not NAFTA and GATT since they are unconstitutional treaties (the constitution requires supermajority approval by the Senate for treaty ratificaation). Again, what obligations are you referring to?

[Ghost of Philip Marlowe]

I suppose the only way to balance this out is to give them a few thousand IT tech jobs. Apparently, the more jobs we give to other countries, the better off we are here at home.

[Lloyd227]

"...and affect slightly less than $28 million in trade..."

28 million? this is hardly worth mention in the news... who cares if the euroweenies want to act tough over 28 million dollars...

[Babu]

Yeah Baby! Bring it on!!

EU, we can take you down Any Day in Any Kind of War.

You want a Trade War?? You got it! Wanna bet whose economies fall?? Can you spell Euroweenies??

[Brilliant]

The US trade "partners" have a basically protectionist foreign trade policy. Of course, in the long run, it is self defeating because is only serves to cause an adjustment in the exchange rate which comes back to bite them.

[Solamente]

Uh, are there any goods made in the US anymore? I'm hoping the BIG PICTURE works, whereby China will evolve to capitalism and refrain from spending their wad on missiles pointed at us.

[Echo Talon]

President Bush please put a 50% steel, Auto and wine tariff of the EU.

[clyde asbury]

Retaliation or not, tariffs most hurt the nation that applies them.

The level of EU retaliation would be revised annually to adjust to the level of damage caused to EU companies, it said.

They are victims !

[Captain Peter Blood]

All their doing is hurting themselves. They have high unemployment, unrest on ratifying the EU Constitution, etc. and they are going to slap a 15% tariff on our goods. Well fine, we can sell to Eastern Europe, that is where the real growth will be for the next 25 years.

[Fast1]

Thats a joke know what it costs to say ship a $50,000 Corvette into that Bastion of socialism Germany?? It will shock you.

[Happygal]

The people this hurts the most are the damned EU citizens!

I am SO sick of this bullshit legislation from Brussels!

I could spit.

I buy a lot of my books on-line from the USA - because of the strength of the euro now, I find it's cheaper - and easier - to purchase my books from US.

[Happygal]

Does anyone know what the 'items of stationary' are?

Paper, I presume?

That's just wrong.

[John Lenin]

We shoudl make them pay double with our own tarrifs. Lets see who runs out of jobs first !

[zencat]

Yes, this sucks but. . . " affect slightly less than $28 million in trade". That's negligible compared our overall trade.

[struggle]

Hey Europe, remember what Hawley-Smoot did to the American economy....