The World Trade Organization ruled yesterday that President Bush had broken international law by imposing tariffs on imported steel. If Bush does not eliminate the tariffs, other nations could impose a total of $2.2 billion in punitive duties on some U.S. exports. $2.2 billion dollars is the largest sanctions ever handed down by the WTO.
WTO Rules Against U.S. On Steel Tariffs
HeadlineNov 11, 2003