US President George W. Bush reveals his view regarding steel tariffs

US President George W. Bush reveals his view regarding steel tariffs

US President George W. Bush announced that, he will review the tariffs regarding steel imports into US in order to determine how much the US industry is injured and accordingly to decide whether to lift the tariffs or not. On November 10, 2003, World Trade Organization (WTO) revealed its ruling regarding the tariffs that were implemented by Bush. Accordingly, WTO stated that the US tariffs are inviolation of international trade laws.