Going bananas

Article Abstract:

The US has imposed sanctions against the European Union (EU) in the form of duties approximating 100% on certain products. This will obliterate certain luxury imports into the US. The US wants free access to the European Union for Latin American bananas from Chiquita, a US company. The sanctions damage US consumers, European producers with no links to bananas, and the World Trade Organization (WTO) is undermined, since the WTO seeks to use legal means to promote trade rather than force. Both sides should seek a compromise, with the US ending its sanctions and the EU giving equal treatment to imports of bananas, no matter where they come from.

Economic aspects, Western Europe, Economic sanctions, Sanctions (International law)

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Fruitless but not harmless

Article Abstract:

A dispute has arisen between the United States and European Union (EU) over the banana trade, and the World Trade Organization (WTO) has ruled that the EU should change its banana regime. The WTO has also ruled that the US should reduce its planned level of import tariffs. There is a need to reform the WTO dispute settlement system. The EU should seek to help poor farmers in the Caribbean through direct aid rather than through trade measures which also benefit distributors.

Laws, regulations and rules

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Banana row: the eastern Caribbean

Article Abstract:

The World Trade Organization's ruling that the United Kingdom's protection of the east Caribbean banana market is illegal threatens the east Caribbean banana industry, which provides about 20% of the European Union's bananas.

Administration of General Economic Programs, Tariffs & Quotas NEC, United Kingdom, British foreign relations, Protectionism, Tariffs, Caribbean Islands

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