WTO gives go-ahead to US tariffs
THE US has been given permission by the World Trade Organisation (WTO) to impose 100% import tariffs on $116m worth of European goods.
The sanctions reflect the damage that the WTO thinks has been inflicted by an illegal European Union (EU) ban on North American hormone-treated beef.
The amount of tariffs is about half the level the US had asked for but double the amount that the EU had claimed would be appropriate.
It is the second such finding against the EU in recent months.
The WTO granted the US permission to apply $191m of sanctions in the long-running dispute over Europes rules on banana imports, which it found discriminated against US producers.
- The Independent 13/07/99 page 21
- Financial Times 13/07/99 page 6
- The Herald 13/07/99 page 5