The EC is allowed to impose retaliatory duties on goods from USA

© RIA Novosti / Alexei Vitvitskiy in photobacteria of the European Commission in Brussels. Archival photoThe EC is allowed to impose retaliatory duties on goods from USA© RIA Novosti / Alexei Vitvitskiy the image Bank

The European Commission released on Thursday a decree stipulating the possibility of introducing from June 20 to retaliatory duties of 25% on imports of certain goods from the United States.

USA at the end of March imposed tariffs on imports of steel and aluminum in the amount of 25% and 10% respectively. For a number of countries and for the EU, the effect of these duties is suspended until 1 June. The negotiations on this issue between the EU and the USA have so far failed.

«The EC adopted the following provision: the Commission must immediately, no later than may 18, 2018, to direct the Council for trade in goods, the WTO written notice of the fact that, in the absence of a negative opinion from the Council, the Union is suspending 20 Jun 2018 trading application trade with the United States concerning customs facilities for import in accordance with GATT 1994 (General agreement on tariffs and trade) in respect of goods listed in the application to ensure the application of the additional customs duties on imports of these goods from the USA», — stated in the document, published in the database of the EU.

Provides that «in the first stage, from June 20, 2018 on the import of goods listed in the first schedule may be subject to additional ad valorem duty of not more than 25%».

In the second stage, from March 2021, «upon import of the goods listed in the second schedule, may apply to additional ad valorem duty of 10%, 25%, 35% or 50%». Suspend the provisions on preferential tariffs «can be carried out until and to the extent that while the US apply or re-apply your protective measures so that they affect the products of the Union.»

The document was signed by head of the European Commission on 16 may.