The Washington Post reports that he World Trade Organization (WTO) has ruled in favor of the United States and against the European Union (EU) in a case that concerns how the EU sets tariffs for banana imports.
In the past, according to the story, the EU gave preferential treatment to bananas imported from former British and French colonies in Africa and the Caribbean. But the US challenged the practice, and the WTO agreed that the practice was illegal.
The EU still can appeal, according to reports.
In the past, according to the story, the EU gave preferential treatment to bananas imported from former British and French colonies in Africa and the Caribbean. But the US challenged the practice, and the WTO agreed that the practice was illegal.
The EU still can appeal, according to reports.
- KC's View:
