U.S. Complains About E.U. Tech Tariffs

The US has filed a complaint with the World Trade Organization about the tariffs charged by the EU on high-tech goods.

AP has reported that the US has filed a complaint with the World Trade Organization about the tariffs imposed by the EU on three categories of high-tech goods.

According to the Information Technology Information Council, a body whose members include HP and Apple, the EU duty runs as high as 14%, which makes US products, such as printers and monitors, less competitive in Europe.

The US claims that the tariffs violate a 1996 WTO agreement that removed tariffs on IT equipment.

U.S. Trade Representative Susan Schwab said:

“The EU is effectively taxing innovation.”