FOREIGN TRADE CORPORATION DUTIES

BY KEITH NUTHALLTHE EUROPEAN Commission is consulting the EU fishing industry over a list of exported American marine products that could be saddled with protective duties of up to 100 per cent. The plan follows a World Trade Organisation ruling allowing Brussels to retaliate against the US's use of foreign trade corporations to give its exporters illegal tax breaks. The Commission included on its long-list of products: preparations of fish, crustaceans and molluscs, notably extracts and juices of fish, crustaceans and molluscs; prepared or preserved fish, ...


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