Adjustment of customs duties and opening of tariff quotas for the import of certain goods originating in the United States of America

It affects U.S. exporters selling industrial goods, seafood, and selected agricultural products into the EU. It also affects EU importers and consumers through lower import costs and wider product availability.

• Sets EU customs duty to 0% for listed U.S. industrial goods.
• Removes the ad valorem duty on other listed U.S. goods, while keeping entry-price specific duties.
• Opens EU tariff quotas for listed U.S. seafood and agricultural goods, with in-quota rates and volumes in the annexes.
• Allows the Commission to suspend these benefits if U.S. commitments are not met or imports cause serious injury.

Takes effect

It enters into force on the day after publication in the Official Journal of the European Union.

Transitional law

Tariff quota volumes run in twelve-month periods starting on the date of entry into force; preferential treatment applies until the United States effectively implements the Joint Statement.