EU threatens trade war with USA

10 November 1998

EU threatens trade war with USA

THE European Union (EU) is preparing for a battle of wills with the USA over trade.

The USA has threatened sanctions over the EUs banana import regime.

The EU now says it has “several options” if sanctions are imposed, including action through the World Trade Organisation (WTO).

The USA has already won a WTO case over the regime, which gives producers in former African, Caribbean and Pacific colonies of France and the UK privileged access to the UK market.

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