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Bush Expected To Give Way Over Steel Tariffs, Report Suggests

by Mike Godfrey, for LawAndTax-News.com, Washington

02 December 2003


The Washington Post reported on Monday that it is highly likely that President Bush will lift the majority of the protective import tariffs imposed on foreign steel, in a bid to avoid the retaliatory tariffs planned by the European Union and other trading partners.

Although such a decision is likely to have significant political consequences for the President in steel producing states such as Ohio, Pennsylvania, and West Virginia, the Post suggested that the EU's planned tariffs, which would target the produce of other pivotal states (such as Florida citrus fruit, and Pennsylvania motorcycles), could have a greater impact.

However, speaking to Reuters following publication of the report, a White House spokesman denied that any decision had yet been made on the issue.

"The matter is still under review and we'll make announcements when there are announcements to make," he explained.


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