|
|
Article: U.S. Puts Squeeze on EU.(the United States is claiming that the European Union is violating World Trade Organization importing rules )(Brief Article)
- Article from:
- Insight on the News
- Article date:
- December 21, 1998
- Author:
CopyrightCOPYRIGHT 1998 News World Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Although the United States says it's committed to the notion of free trade, the White House is pressuring the European Union with the threat of tariffs in a dispute over bananas.
The United States is threatening to slap 100 percent duties on dozens of products from the European Union, or EU, heating up a trade dispute over bananas.
The EU is refusing to comply with a 1997 ruling by the World Trade Organization that found that its banana-import rules violate international trade regulations. According to the Clinton administration, the EU favors bananas grown by former European colonies over those grown by U.S. companies. The union changed its rules last ...