EU MOVES AHEAD WITH RETALIATORY DUTIES ON US TEXTILE EXPORTS AFTER TRUMP LEVIES METAL TARIFFS
May 1st, 2018
THE EUROPEAN Union (EU) has moved ahead with its plans to impose temporary safeguard duties on imports into the EU of USA-made textiles and clothing, as a reaction to the levying of American import duties on aluminium and steel imports, announced on Thursday (May 31).
The EU executive, the European Commission, has published a regulation that will authorise these duties by June 16, after they have been approved by the EU trade barriers committee.
Some of these would come into force quickly, maybe by June 20 – and would be 25%, and would cover cotton bed linen, ...
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