U.S., Japan challenge European tech tariffs at WTO |
| Reuters - May 29, 2008 |
The United States and Japan said they were taking action at the World Trade Organization aimed at overturning European Union tariffs on computer screens, multifunctional printers and TV set-top boxes capable of accessing the Internet.
U.S. technology heavyweights such as Hewlett Packard Co (HPQ.N: Quote, Profile, Research) argue that EU tariffs on the products violate the spirit and the letter of the WTO's Information Technology Agreement (ITA), which eliminated duties on a wide range of high-tech goods beginning in July 1997 to spur trade.
"The EU should be working with the United States to promote new technologies, not finding protectionist gimmicks to apply new duties to these products," U.S. Trade Representative Susan Schwab said on Wednesday.
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- Posted: 2008-05-29 08:42:50
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