EU aims to comply with WTO’s tech tariff ruling
geneva — The European Union signaled Tuesday that it was prepared to scrap tariffs on billions of dollars worth of high-tech exports from the United States, Japan and Taiwan that were ruled illegal by the World Trade Organization.
Brussels could have filed an appeal by Tuesday’s deadline but said it would instead concentrate on complying with the WTO’s decision.
The WTO condemned the EU in August for levying duties on flat-panel computer monitors, cable and satellite boxes that can access the Internet, and printers that can also scan, fax and copy. The U.S., Japan and Taiwan argued that those products should have been accepted tax-free under a 1996 agreement on information technology equipment.
“There are certain aspects where we would have preferred the panel to rule differently,” EU trade spokesman John Clancy said in Brussels.
The U.S. told the WTO’s dispute body that it looked forward to the EU “moving promptly to bring its measures into compliance.”