EU Loses Case Over Taxes on US Tech Items

The European Union has until the end of next month to appeal a decision by the WTO to block the collection of illegal tariffs on high-tech items from the US.

The European Union is weighing whether to appeal a World Trade Organization ruling that condemned the bloc for illegally collecting tariffs on billions of dollars worth of high-tech goods from the U.S., Japan and Taiwan. EU spokesman Patrizio Fiorilli said officials were still studying the decision, even though they've had weeks to read through the 444-page confidential report.

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