A WTO panel has broadly backed the US, Japan and Taiwan in their bid to overturn controversial EU tariffs on three electronics products, a US Trade Representative official said on Monday in Washington.
“I can confirm that the panel agreed with the US, Japan and Taiwan on essentially all of our claims,” the official said, in response to published reports.
The official spoke on condition she not be identified because the interim panel ruling is still confidential.
The three countries sued the EU at the WTO in July 2008, saying EU duties on flat-panel displays, multifunction printers and TV set-top boxes violated the WTO’s Information Technology Agreement (ITA).
The agreement, which eliminates import duties on goods such as computer screens and printers, seeks to boost trade in high-tech goods around the world.
The panel handed its interim report to participants on Friday. A final report, which rarely makes substantial changes to the interim report, is expected in September.
“The report says that the EU’s technology tariffs violate its obligations to the WTO,” a second source in Brussels said.
Both sources declined to provide more details.
The EU’s executive commission said it was studying the report.
“It is a technical, complex issue,” spokesman John Clancy said, declining to say more because the report was confidential.
John Neuffer, vice president for global policy at the Information Technology Industry Council in Washington, said if reports of a victory for the US, Japan and Taiwan “are accurate, this would be a an important pro-innovation, pro-growth, pro-jobs result.”
He urged the EU “to quickly renounce its past flawed interpretations of the ITA, eliminate duties on the products at issue in the dispute, and implement the ITA as it should be implemented — to spur growth and innovation globally.”
The EU in September 2008 called for an overhaul of the ITA, saying new products and markets should be added to the list.
CHIPMAKING INVESTMENT: J.W. Kuo told legislators that Department of Investment Review approval would be needed were Washington to seek a TSMC board seat Minister of Economic Affairs J.W. Kuo (郭智輝) yesterday said he received information about a possible US government investment in Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and an assessment of the possible effect on the firm requires further discussion. If the US were to invest in TSMC, the plan would need to be reviewed by the Department of Investment Review, Kuo told reporters ahead of a hearing of the legislature’s Economics Committee. Kuo’s remarks came after US Secretary of Commerce Howard Lutnick on Tuesday said that the US government is looking into the federal government taking equity stakes in computer chip manufacturers that
Chinese Nationalist Party (KMT) lawmakers have declared they survived recall votes to remove them from office today, although official results are still pending as the vote counting continues. Although final tallies from the Central Election Commission (CEC) are still pending, preliminary results indicate that the recall campaigns against all seven KMT lawmakers have fallen short. As of 6:10 pm, Taichung Legislators Yen Kuan-heng (顏寬恒) and Yang Chiung-ying (楊瓊瓔), Hsinchu County Legislator Lin Szu-ming (林思銘), Nantou County Legislator Ma Wen-chun (馬文君) and New Taipei City Legislator Lo Ming-tsai (羅明才) had all announced they
POWER PLANT POLL: The TPP said the number of ‘yes’ votes showed that the energy policy should be corrected, and the KMT said the result was a win for the people’s voice The government does not rule out advanced nuclear energy generation if it meets the government’s three prerequisites, President William Lai (賴清德) said last night after the number of votes in favor of restarting a nuclear power plant outnumbered the “no” votes in a referendum yesterday. The referendum failed to pass, despite getting more “yes” votes, as the Referendum Act (公民投票法) states that the vote would only pass if the votes in favor account for more than one-fourth of the total number of eligible voters and outnumber the opposing votes. Yesterday’s referendum question was: “Do you agree that the Ma-anshan Nuclear Power Plant
Nvidia Corp CEO Jensen Huang (黃仁勳) yesterday visited Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), as the chipmaker prepares for volume production of Nvidia’s next-generation artificial intelligence (AI) chips. It was Huang’s third trip to Taiwan this year, indicating that Nvidia’s supply chain is deeply connected to Taiwan. Its partners also include packager Siliconware Precision Industries Co (矽品精密) and server makers Hon Hai Precision Industry Co (鴻海精密) and Quanta Computer Inc (廣達). “My main purpose is to visit TSMC,” Huang said yesterday. “As you know, we have next-generation architecture called Rubin. Rubin is very advanced. We have now taped out six brand new