Straight Banana Republic goes to war

New banana trade war looms over tripled EU tariffs as reported by the EUObserver A new banana trade war with Latin America may be looming after the European Commission on Monday (31 January) formally notified the World Trade Organisation (WTO) that it intends to triple tariffs from 2006.

"The EU banana import regime is changing but the level of protection is not increasing", argued EU Agriculture Commissioner Mariann Fischer Boel.

Or is this the Birth of another Euromyth.