"Nations rush to set trade barriers" - Wall Street Journal
By Dkildahl -Oracle on Jun 14, 2011
Literally a cut-n-paste from this article from yesterday....
"Among the changes just since that finding: Egypt has imposed duties on sugar, and the U.S. has levied new tariffs on Chinese goods it contends are being dumped on the market, including mattress springs and graphite electrodes, used to conduct electricity in factory furnaces."
"The U.S. is planning retaliatory tariffs on Italian water and French cheese to punish the EU for restricting imports of U.S. chicken and beef. India is proposing to increase tariffs on foreign steel at the request of its steel industry."
"The EU is due to decide by March 12 whether to levy duties on U.S. biodiesel imports, in retaliation for a $300-a-ton export subsidy Washington pays to U.S. producers -- roughly half the selling price of a ton of biodiesel in Europe. EU officials say the bloc is likely to vote in favor of the duties."