You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

WTO Backs U.S., Japan Complaint Over EU Import Duties on Electronic Goods [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-16-10 01:55 PM
Original message
WTO Backs U.S., Japan Complaint Over EU Import Duties on Electronic Goods
Advertisements [?]
Source: Bloomberg

The European Union broke global trade laws by imposing import duties on $11 billion of high-tech electronic goods such as computer monitors, the World Trade Organization ruled, backing a complaint by the U.S. and Japan.

The two governments and Taiwan said the EU is undermining a 1996 deal to scrap tariffs worldwide on technology goods by arguing that some new products fall outside the scope of the agreement. They complained at the Geneva-based WTO in May 2008 and, after failing to resolve the spat in the ensuing weeks, asked the trade arbiter to rule on the case three months later.

The dispute concerns the Information Technology Agreement, which requires WTO members to give duty-free treatment to imports of information-technology goods. The case against the EU involves three products -- computer monitors, cable converter boxes and multifunction printers -- all developed after 1996.

The EU argued that flat-panel computer screens that show videos are televisions, not computer components. These monitors, along with cable converter boxes with Internet access, face 14 percent customs duties. The EU also told WTO judges it considered printers with other capabilities, such as faxing or scanning, to be copiers rather than printers and therefore subject to a 6 percent tariff.

Read more: http://www.bloomberg.com/news/2010-08-16/wto-backs-u-s-japan-complaint-over-eu-import-duties-on-electronic-goods.html
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC