EU CONFECTIONERY ESCAPE DUTY AXE THROUGH ELEVENTH HOUR DEAL
May 1st, 2009
BY KEITH NUTHALL
THE IMMINENT threat of heavy USA tariffs on many European Union (EU) confectionery exports has been lifted, after Washington and Brussels struck a preliminary deal over the long-running beef hormone dispute. Retaliatory duties such as 100% duties on filled chocolate, chewing gum, raspberry and lingonberry jams were to have been levied this month (May), but have now been suspended, along with other EU food products earmarked for new tariffs, such as fruit juices from Austria, Cyprus, France and Poland. But no more: in what they called a ...
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