U.S., EU REACH TRUCE IN TWO-YEAR BANANA WAR

WASHINGTON -- A two-year trade dispute involving the export of bananas by U.S. companies to European Union countries ended last week.Under the terms of the agreement, the U.S. on July 1 will suspend sanctions imposed on about $191.4 million worth of EU imports since 1999, ranging from French handbags to bath and food products. In turn, the newly announced accord provides for bananas to be exported

WASHINGTON -- A two-year trade dispute involving the export of bananas by U.S. companies to European Union countries ended last week.

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