US set to begin banana sanctions
Thursday 04 March 1999
The American government said it would demand bonds from US importers to cover the cost of 100 per cent import tariffs on a range of goods.
Peter Scher, the US negotiator for agriculture, said: "It is only after exhausting every opportunity thus far to try to resolve this dispute that we have reached this position."
The move was attacked by the European Union, which demanded immediate consultations, and accused the US of effectively implementing a sanctions regime. Sir Leon Brittan, vice president of the European Commission, described the US action as "unacceptable and unlawful".
The suspended 100 per cent tariffs will be on a range of luxury goods, from cashmere sweaters to chandeliers. Importers would be liable to pay the punitive tariffs if the WTO gave the go-ahead, said Mr Scher. The tariffs would be imposed on goods imported now, but would be paid retroactively once the ruling occurred, he added.
Washington argues that the EU banana import regime is unfair to South American distributors, most of which are owned by US companies, because it allows preferential treatment for former European colonies including the Windward Islands.
By performing as African Americans or Indians, white people get to play act a kind of 'imaginary liberation', writes Michael Mark Cohen
New essay by JK Rowling went live on Pottermore site this morning
New UK station Russia Today gives a very bizarre view of Britain
Top Gear presenter is no stranger to foot-in-mouth controversy
- 1 Canadian actor punched in face after 'Islamophobia' experiment goes wrong in wake of Ottawa shooting
- 2 Topshop at centre of row over body image as 'shocking' skinny mannequin photo goes viral
- 3 Woman blinded as a child can see again after hitting her head on a coffee table
- 4 Top Gear presenter Jeremy Clarkson criticised for beer tweet
- 5 The bubble bursts for Sodastream
'Nasa Confirms Six Days of Darkness in December': No, they don't - it's a hoax
Woman blinded as a child can see again after hitting her head on a coffee table
Top Gear presenter Jeremy Clarkson criticised for beer tweet
The bubble bursts for Sodastream
Russian politician says Apple CEO Tim Cook should be 'banned' from country after coming out as gay
Pope Francis declares evolution and Big Bang theory are real and God is not 'a magician with a magic wand'
Huge surge in Ukip support after EU funding row, according to new poll
Ukip ‘exploiting grooming scandal’ to secure party’s first police chief
Nigel Farage: 'There’s nothing wrong with white people blacking up'
Maureen Lipman says 'she can't vote Labour while Ed Miliband is leader'
Muslims, immigration and teenage pregnancy: British people are ignorant about almost everything
iJobs Money & Business
£18000 - £23000 per annum + Comission: SThree: SThree, International Recruitme...
£20000 - £25000 per annum + OTE £35K: SThree: We consistently strive to be the...
£20000 - £23250 Per Annum pro rata: Clearwater People Solutions Ltd: Pro rata ...
£40 - 48k + Benefits: Guru Careers: We are seeking a Marketing Manager to join...