EU protective tariff makes US products more expensive

By: Trademagazin editor Date: 2018. 06. 26. 11:10

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Domestic companies importing American goods do not have to submit any additional declarations or documents, despite the 25 percent EU protective tariff, but have to pay higher customs tariffs during customs clearance – Világgazdaság Online wrote.

Due to the trade war between the European Union and the US, the burden of tax administration for domestic companies is not increasing – Leopold Róbert, Chief Financial Officer, Customs and Excise Officer of the National Tax and Customs Administration (NAV), told Világgazdaság. (vg.hu)