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World threatens retaliation over US steel tariffs

Rediff.com - "Major steel producing nations threatened the United States with lawsuits and trade reprisals as President George W Bush...

Rediff.com - "Major steel producing nations threatened the United States with lawsuits and trade reprisals as President George W Bush prepared to slap tariffs of upto 30 per cent on steel imports."

So much for "globalization" and US being champion of free market economy.

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