Importers bringing crude steel products from Turkey into the EU rely on tariff quotas as a customs tool: a defined volume enters at reduced or zero duty, while quantities exceeding the quota face the full external tariff rate.
Source: https://www.wto.org/english/res_e/reser_e/ersd202201_e.htm
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.