EU to Lift Sanctions as Bush Signs Law Repealing Tax Breaks
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The European Union will lift sanctions on US imports after President George W. Bush signed a law replacing an illegal export tax subsidy with a $145 billion package of new corporate tax cuts and a buyout for tobacco farmers.
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President George W. Bush signed into law a 146-billion-dollar tax cut extension, one month before the hotly-contested US election that pits him against Democrat John Kerry.
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President Bush has decided to lift sanctions against Libya, which he expects to trigger release of more than &#36;1 billion to families of Pan Am 103 victims, a senior administration official said Sunday.
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The European Union said it will end sanctions on US imports in about two months, following the repeal by the US of an illegal export subsidy, and warned the US not to extend the tax breaks for companies such as Boeing Co.
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President Bush yesterday signed into law the most sweeping changes to the corporate tax code in nearly two decades. The bill creates roughly $140 billion in tax cuts for businesses and
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The European Union has agreed to implement last year's U.N. decision to lift economic sanctions on Libya as well as ending its arms embargo on the North African country, diplomats said on Wednesday.
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The European Commission is sticking  with its plan to lift sanctions on $4 billion worth of U.S.  goods on Jan. 1 following Washington's repeal of export tax  subsidies in October, a spokeswoman said on Thursday.
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The European Union and its allies got the go-ahead on Tuesday to slap potentially heavy sanctions on U.S. goods in a row that could stir trade tensions ahead of the U.S. elections.
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President Bush signs a bill to settle a trade war with Europe, which awards some $140bn in new tax breaks over 10 years.
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Libya took another stride out of diplomatic isolation yesterday when the European Union agreed to lift all sanctions against it. The move came two days after the US president, George Bush, formally ended Washington&#39;s
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President Bush signed into law October 20 a bill that authorizes assistance for democratic opposition movements in Belarus and also applies economic sanctions against the Central European country.
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The European Union is to suspend sanctions on US imports worth $4bn after President Bush signed a bill removing illegal export subsidies.
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US President George W. Bush&#39;s administration welcomed Monday a European plan to lift US trade sanctions imposed over an illegal export tax break scheme.
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The United States said Monday it was lifting a 15-month embargo on direct aid to the Palestinian territories, as the EU said it was normalizing ties with the new Palestinian government.
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US President George W. Bush signed into law a 146-billion-dollar tax cut bill in this up-for-grabs state, one month before the hotly-contested election that pits him against Democrat John Kerry.
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The European Commission said on  Tuesday that EU sanctions on $4 billion worth of U.S. goods  will be lifted as planned, but it will seek to reimpose them if  the WTO backs its complaint about residual export tax breaks.
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President George W Bush signs off the two-year bipartisan $167bn (Â£86bn) US economic stimulus plan.