In response to today’s World Trade Organization (WTO) Appellate Body decisi

游客2024-10-16 11

问题    In response to today’s World Trade Organization (WTO) Appellate Body decision declaring the Bush Administration’s Section 201 steel tariffs contrary to WTO obligations, Consuming Industries Trade Action Coalition Steel Task Force (CITAC STF) Chairman William E. Gaskin urged President Bush to terminate the steel tariffs immediately.
Gaskin stated, "In addition to the continuing damage and job losses that the tariffs are causing U.S. steel consumers, the U.S. now faces billions of dollars in retaliatory tariffs by our trading partners. For the sake of the U.S. manufacturing sector, it’s time to end the tariffs now. Manufacturers need some positive news and a quick end to the steel tariffs will help send a message that the President supports American manufacturers and understands the requirement that they be globally competitive."
   The WTO Appellate Body ruling today that the U. S. steel tariffs violate the WTO Safeguards agreement was widely expected. "As the world’s leader in trade liberalization and opening markets around the world, the United States cannot afford to ignore the requirements of the WTO system," said Lewis Leibowitz, Counsel to the CITAC STF. "Our preliminary review of the decision indicates that it is consistent with WTO precedent in ruling that the U.S. violated the WTO Safeguards Agreement in imposing the tariffs last year. Based on Article 8 of the Agreement, the EU and seven other countries would be within their rights to impose restrictions on U.S. exports potentially totaling billions of dollars, not to mention other countries that did not bring a case against the U. S."
   The WTO Appellate Body decision will become official in early December. The European Union (EU) has announced that it will retaliate on U.S. exports to the EU worth $ 2.2 billion five days after the decision is official unless President Bush ends the tariffs. Other U.S. trading partners are expected to announce retaliatory measures as well.
   President Bush is expected to decide any day on the future of the steel tariffs. In September 2003, the U. S. International Trade Commission’s midpoint review of the steel tariffs showed that the tariffs have cost the U.S. economy $ 987.2 million and thousands of U.S. jobs. Numerous economic studies have also found that the tariffs caused far more damage to the U.S. economy than helped the domestic steel industry.
   Gaskin concluded, "Eliminating the steel tariffs will remove a tax being paid by U.S. steel consuming industries and avoid damaging tariffs being placed on U.S. exports by the EU and other trading partners. The debate should be over. Any good that the tariffs might have accomplished has been achieved and it is time to end them." [br] Judging from context, which party may be affected most badly by the steel tariffs?

选项 A、The America’s trade partners
B、The American steel industry.
C、The American manufacturers.
D、The American economy.

答案 D

解析事实细节题。文中倒数第二段对美国钢铁关税带来的损失进行了回顾：关税已经给美国造成了987,200,000美元的损失和数以万计的失业。许多经济学研究也发现钢铁关税对美国经济造成的损失远远大于对本国钢铁工业的帮助。由此可见，美国经济受损失较严重。

转载请注明原文地址:https://tihaiku.com/zcyy/3803533.html

相关试题推荐

随机试题

最新回复(0)

In response to today’s World Trade Organization (WTO) Appellate Body decisi

Hesoonregrettedhis______decisiontogetmarried.A、promptB、quickC、instantD、

Adecisionofthis______hadtohavenationalsupport.A、extentB、amountC、degree

_____ishisowndecision.A、WhenleavingB、WhendoesheleaveC、WhenheleavesD、

Thelocalhealthorganizationisreported______twenty-fiveyearsagowhenDr.

Mymanagermadeabrilliantdecision.Idon’tknowwhatIwouldhavedoneifI__