How can it be 'illegal, is the WTO a court?
Surely it must be against 'agreed rules by WTO parties', where would it be enshrined in law?
Any lawyers able to comment?
The World Trade Organisation has ruled that EU import duties on certain gadgets imported from the US, Japan and Taiwan are illegal. An agreement reached in 1996 removed import tariffs on 72 different products in order to boost trade in technology goods. But the European Union later moved some of these items into a taxable …
"... an international forum where American trade advantages are advanced..."
Only true if you ignore those times when it slaps the U.S. like it has over cotton, lumber, textiles, steel, ball bearings and chicken to name a few. Now if we could just slough off the protectionist measures on all sides we could get on with the economic recovery in a sustainable way.
I'm sure by now, after losing several times at the WTO, the US now allows online betting from outside its borders.
Well why should anyone give a flying **** what the US thinks if it won't abide by the WTO verdict?
Their high tech exports can be zero rated when they drop their puritanical banning of online gambling. Until that time, sit and swivel yanky.
There was a way around most of the taxes, flat screens where brought into the EU in parts and assembled here. This way there was a tax on the panel only which could be priced much cheaper than the complete display.
Another way around the tax for devices capable of taking videos was to restrict them to less than 30 minutes.
And so on.
Since when did the bloody Yanks believe in fair trade? It is only fair when it is in their favour and anything NIH (not invented here)is fair game for exclusion. Typical examples were Concord and Hovercraft which were actively campaigned against by believers in "The Land of the Free." A pot bellied pig has less cheek than Americans en masse.
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