Speculation mounts Bush may give way on steel [View All]

[DeaconBlues]

GENEVA (Reuters) - Speculation mounted on Friday that Washington will scrap or roll back controversial steel tariffs after it sought and obtained an effective delay in retaliatory sanctions by countries opposed to them.


The World Trade Organization (news - web sites) (WTO), which had been due to rubber-stamp the verdict of its highest court that the duties are illegal, has put off the key session for nine days at the request of the United States.


The European Union (news - web sites), one of a number of trade partners to take action at the WTO over the levies, had warned it was ready to hit Washington with sanctions on up to $2.2 billion of goods within five days of the WTO approving the court ruling... (more)

http://story.news.yahoo.com/news?tmpl=story&ncid=578&e=10&u=/nm/20031128/bs_nm/trade_steel_wto_dc


Looks like Bush is going to lose votes in some serious swing states (WV,PA, and OH)