STEEL DUTY
July 1st, 2002
BY KEITH NUTHALL
PLANS to impose 100 per cent retaliatory duties on US exports of ball-point, felt-tipped, fountain and stylograph pens, as well as propelling or sliding pencils, pen-holders, pencil-holders, plus caps and clips have been postponed from June 18 to September 30 after Washington started backing down and removing a number of its steel tariffs. The European Commission stressed that the duties could still be imposed later, if the US did not make further concessions.
PLANS to impose 100 per cent retaliatory duties on US exports of ball-point, felt-tipped, fountain and stylograph pens, as well as propelling or sliding pencils, pen-holders, pencil-holders, plus caps and clips have been postponed from June 18 to September 30 after Washington started backing down and removing a number of its steel tariffs. The European Commission stressed that the duties could still be imposed later, if the US did not make further concessions.
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