10/12/2003 (Agence Europe) - Charles Grassley, a moderate Republican who chairs the influential finance committee at the US Senate, warns the Union against the "counter productive" effect of the threat of sanctions in the matter of tax relief for exports, the FSC. "Surprised" and "disappointed" by the adoption of a European law along these lines (see EUROPE of 9 December, p.8), Mr Grassley is mainly concerned by the rigid ultimatum thus imposed on Congress - which does not resume its work...