1. Gooch said that under WTO safeguard rules, the EU would have to impose such sanctions within three months of the U.S. protectionist tariffs taking effect. 2. Recently, of course, it slapped protectionist tariffs on foreign steel and Canadian lumber. 3. The Republicans, under Harrison, also wanted to reduce the surplus, but they angrily held that protectionist tariffs were necessary for American prosperity. 4. The rural West was convinced that protectionist tariffs helped the farmer. 5. The WTO is essentially a committee of its member governments, operating by consensus as the members try to forge agreements to eliminate protectionist tariffs. 6. Because of this protectionist tariff, Americans are about to pay more for a wide array of products that are made with steel. 7. The proposal is designed to stop lobbies in member countries from prompting their governments to suddenly impose protectionist tariffs, cutting off export markets with little or no notification. 8. The EU adopted the barriers as a safeguard against an influx of steel exports diverted from the United States after Washington imposed stiff protectionist tariffs on steel imports. |