EC mulls duty on US equipment

3 October 2002

The European Commission (EC) could saddle imported US nuclear engineering equipment with protective duties of up to 100%. The reason is a WTO ruling allowing the EC to retaliate against the USA's use of foreign trade corporations to give its exporters illegal tax breaks.

The EC included nuclear reactors, boilers, machinery, mechanical appliances and parts on its long-list of possible target products. It will now consult EU industry about its plans before setting a final list.

Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.