EU Reduces Some Retaliatory Tariffs on Goods of U.S. Origin

Posted by Matt Schmitt on 5/7/19 5:00 PM

On April 30, 2019, the European Commission of the European Union (EU) reduced the rate of additional duty imposed on some goods of U.S. origin.

According to the EU, the rates are adjusted annually to reflect the level of nullification or impairment caused to the EU. The EU lists four eight-digit classifications whose rates were reduced to 0.001%:

  • 0710.40.00 – Corn;

  • 9003.19.00 – Frames and mountings of base metal;

  • 8705.10.00 – Cranes;

  • 6204.62.31 – Textiles.

The adjustments went into effect upon publication of the regulation in the Official Journal of the European Union on May 1, 2019.

 

The EU regulation may be found here:

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2019.114.01.0005.01.ENG&toc=OJ:L:2019:114:TOC

Topics: EU, Tariffs

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