U.S. SENATE HITS EC OILS TAX, VOWS RETALIATION
The Senate voted to condemn the
proposed European common market tax on vegetable and fish fats
and oils and said it would result in retaliation.
    The non binding Senate resolution, a sense of Senate
sentiment, was approved on a 99 to 0 vote.
    "The administration should communciate to the European
Community the message that the United States will view the
establishment of such a tax as inconsistent with the European
Community's obligations under the General Agreement on Tariffs
and Trade that will result in the adoption of strong and
immediate countermeasures," the resolution stated.
 Reuter
