Tuesday, 11. November 2003

US goods set to double in price as Europe plans huge trade war


American jeans, Florida orange juice and dozens of other US products could double in price from next month because of a growing transatlantic trade war.

The World Trade Organisation gave the European Union permission yesterday to impose huge import tariffs, which will allow price increases of between 8 and 100 per cent on a range of goods.

¬> independent

... Comment