The US government intends to impose penalty sanctions

Date: 15/07/1999

on €115-million worth of EU exports by the 26 July at the latest. The final list of goods which will be hit by the retaliation over the Union's ban on imports of hormone-treated beef will be finalised in the next week, top US trade official Peter Scher said this week. Washington got the go-ahead to impose sanctions this week after World Trade Organisation arbitrators assessed US cattle producers' losses as a result of the ban. Canada was cleared to levy sanctions worth €11 million.