CEA Applauds Taiwan Joining Multinational Challenge to European Technology Tariffs.ARLINGTON, Va. -- The Consumer Electronics Association (CEA CEA carcinoembryonic antigen. CEA abbr. carcinoembryonic antigen CEA (Carcinoembryonic antigen) )([R]) today commended Taiwan for filing a complaint at the World Trade Organization (WTO See World Trade Organization. ) over tariffs This is a list of tariffs and trade legislation:
European Community (EU) imposes on technology products. Taiwan joins the U.S. and Japan, which filed complaints late last month, alleging the EU's refusal to remove duties on computer monitors, cable converter (1) A device that changes one set of codes, modes, sequences or frequencies to a different set. See A/D converter. (2) A device that changes current from 60Hz to 50Hz and vice versa. boxes and printers violates the Information Technology Agreement (ITA ITA abbr. initial teaching alphabet ITA initial teaching alphabet: a partly phonetic alphabet used to teach reading ITA n abbr (BRIT) (= initial teaching alphabet) → ). "The European Union is harming innovation and stifling decades of progress on trade," said Michael Petricone, CEA senior vice president of government affairs. "These actions hurt U.S. and Taiwanese companies, European consumers as well as technology firms across the globe. "We are hopeful that we can resolve these issues with the EU through constructive dialogue led by the WTO, and we applaud Taiwan for seeking consultations to remedy the situation." Through the ITA, signed in 1996, 70 WTO member countries have agreed to eliminate customs duties Tariffs or taxes payable on merchandise imported or exported from one country to another. Customs laws seek to equalize the charges imposed by other countries, furnish income for the federal government, and preserve the financial stability of domestic industries. on more than 97 percent of world trade in information technology products, including hardware, software, components, semiconductors and equipment used in semiconductor manufacturing. About CEA: The Consumer Electronics Association (CEA) is the preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae trade association promoting growth in the $161 billion U.S. consumer electronics industry. More than 2,200 companies enjoy the benefits of CEA membership, including legislative advocacy, market research, technical training and education, industry promotion and the fostering of business and strategic relationships. CEA also sponsors and manages the International CES - Where Entertainment, Technology and Business Converge con·verge v. con·verged, con·verg·ing, con·verg·es v.intr. 1. a. To tend toward or approach an intersecting point: lines that converge. b. . All profits from CES are reinvested into CEA's industry services. Find CEA online at www.CE.org. UPCOMING EVENTS
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