Press Release: EU prepares WTO action over US trade sanction law

On 15 January, 2009, in a clear attempt to escalate the EU-US hormones dispute, the outgoing US administration decided to suspend the so called 'carousel' trade sanctions legislation and thereby allow the US to revise, every six months, the list of goods subject to sanction. It was more punitive than the current measure which imposes duties of 100% on certain products. The value of the sanctions amounts to 116.8M € on a fixed list of goods. It is clear that exporters will face increased uncertainty as their goods could be subject to tough duties at short notice. The trade implications of this measure will be significant.

Wikipedia: Beef hormone controversy http://en.wikipedia.org/wiki/Hormonal_meat

The Cattlesite.com: The Big Question Over Beef Hormones http://www.thecattlesite.com/articles/1734/the-big-question-over-beef-hormones

---