The European Union plans to add a 14% import duty onto imported LCD monitors. This action will lead to a huge hike in prices. It applies to any screen over 19" in size and applies to monitors that are not produced in the EU, which is the majority of monitors imported. Philips, for example, manufactures most of its LCD monitors in the Far East. Dutch trade organisation ICT Office believes the tariff will cost its members millions.
Source:
The Register












