EU ACCEPTS REQUESTS TO REMOVE PRODUCTS FROM U.S. SANCTIONS LIST

EU ACCEPTS REQUESTS TO REMOVE PRODUCTS FROM U.S. SANCTIONS LIST    The World Trade Organization in August issued a decision confirming the European Union’s request for more than $4 billion in countermeasures (100 percent retaliatory duties) in its dispute with the United States over the U.S. Foreign Sales Corporations law.
   Those duties will be assessed on U.S.-made products exported to the EU and classified in certain tariff provisions appearing on the final sanctions list.
   The European Commission is accepting comments until Nov. 12 from interested parties regarding the final sanctions list, including requests to remove specific products from the EU’s proposed list of products subject to retaliatory duties.
   A copy of the list of tariff provisions may be downloaded from Katten Much Zavis Rosenman’s Web site at: