Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

CEA Applauds U.S. Challenge to European Technology Tariffs
May 29, 2008
 Printable format
 Email this Article
 Search
The Consumer Electronics Association (CEA) applauded the office of the U.S. Trade Representative (USTR) for challenging tariffs imposed by European Union (EU) countries on U.S. technology products that impact the ability of American companies to export to Europe. Specifically, USTR today requested consultations with the World Trade Organization (WTO) and challenged the EU’s refusal to remove duties on technology products in compliance with the Information Technology Agreement (ITA).
 
Through the ITA, 70 WTO member countries have agreed to eliminate customs duties on more than 97% of world trade information technology products, including hardware, software, components, semiconductors and equipment used in semiconductor manufacturing.
 
“Technological innovation has added exciting new capabilities to our industry’s products covered by the ITA,” said Michael Petricone, CEA senior vice president of government affairs. “The global high-tech industry urges that this market-opening agreement be maintained and that the ITA commitment to ‘bind and eliminate’ duties on covered products is respected.

“Low-cost, high-technology products are good for both developed and developing economies, and good for our member companies. Misclassification of currently covered products by the EU could set a disastrous precedent and undermine the future success and relevance of the ITA. The EU’s attempt to subject members to tariffs on products previously classified as duty-free should be resolved in the WTO, and we commend USTR for seeking consultations to rectify the situation.”
 

Back to Daily News

 

Daily News

...........................................................

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows