WTO SAYS EUROPEAN UNION IS DISCRIMINATING AGAINST AMERICAN BANANA GROWERS
Apr 12th, 1999 • Posted in: NewsWASHINGTON
The World Trade Organization (WTO) last week ruled that the European Union is discriminating against U.S. and Latin American banana growers, giving the go-ahead for $191.4 in punitive tariffs requested by the United States.
The approved sanctions — the largest ever authorized by the WTO — still fall short of the $520 million asked for by Washington, according to the Associated Press.
American banana companies have insisted that EU import policies favor banana growers from former British and French colonies in Africa and the Caribbean.
The WTO gave U.S. leaders ten days to narrow down the list of EU targets, which include Scottish cashmere, French handbags, and German coffee makers.
A spokesman for the EU trade minister said the trade bloc was studying a possible appeal, but had “no intention of dragging this out,” according to the Associated Press.
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