EU Council Gives Final Approval to EU-US Tariff Deal

The European Union has completed another key step toward implementing its tariff agreement with the United States. The Council of the European Union has officially approved the regulations required for the deal, leaving publication in the Official Journal as the only remaining step before it becomes effective.

Duty-Free Access Nears

Once the legislation is published, EU import duties on a wide range of US industrial products, including Chapter 39 plastics, will be removed. The new rules are expected to come into force the day after publication, paving the way for duty-free imports of US polymers into Europe.

PE Market Expected to Benefit Most

The agreement is likely to improve the competitiveness of US-origin polymers in the European market, particularly polyethylene (PE). Market participants believe the removal of tariffs could increase US material inflows and influence regional trade patterns in the coming months.

Official Rollout Expected Soon

With all legislative approvals now completed, the market is waiting for the agreement to be published in the EU Official Journal. According to market expectations, publication could take place within 1 to 5 days, allowing duty-free access for US polymers to begin from July.

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