GFM Network News

End To “Banana Wars” Seen Within Reach

Adeal to end the world’s longest-running trade dispute over import tariffs on bananas is virtually complete, but a final agreement may not be reached until next week, diplomats involved in the talks said Friday. The European Union and Latin America had hoped to wrap up a deal Friday to end the 16-year-old “banana wars.” An

EU Eyes Dumping Duty On U. S. Biodiesel Sources

The European Commission plans to propose anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, sources familiar with the proposal said last month. In a separate move that is also likely to agitate sensitive transatlantic trade relations, a probe by the EU executive into a U. S. clampdown on European online gambling