Brussels weighs appeal after WTO condemns EU taxes on high-tech goods from US, Asia

By AP
Tuesday, August 17, 2010

EU loses case over taxes on US, Asian tech goods

GENEVA — The European Union is weighing whether to appeal a World Trade Organization ruling that condemned the bloc for illegally collecting tariffs on billions of dollars worth of high-tech goods from the U.S., Japan and Taiwan.

EU spokesman Patrizio Fiorilli said officials were still studying the decision, even though they’ve had weeks to read through the 444-page confidential report. It was made public Monday.

Brussels has until Sept. 25 to appeal the WTO verdict, which found that the 27-nation union broke trade rules by levying duties on flat-panel computer monitors, cable and satellite boxes, and combination printer-scanners.

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