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Cosmetic Ingredient Tariffs Included In EU Proposed FSC Retaliation

This article was originally published in The Rose Sheet

Executive Summary

Eleven cosmetic ingredient categories are included in a list of products that could be subject to 100% tariffs if the European Union moves forward with retaliation against the U.S. Foreign Sales Corporation subsidy

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Some fragrance oils off WTO list?

Final draft list including fragrance ingredients that could be subject to trade retaliation by European Union expected to be released within a few weeks, according to European Commission. Five essential oil ingredients included on a preliminary list issued in September reportedly have been removed. Oils on the original list included geranium, lavender and vetiver. The final draft is being prepared on the basis of comments from EU member states; public comments on the original list were due in November. Ingredients on the final list may be subject to 100% tariffs if the EU moves forward with retaliation against the U.S. Foreign Sales Corporation Subsidy (1"The Rose Sheet" Sept. 23, 2002, p. 9)...

Some fragrance oils off WTO list?

Final draft list including fragrance ingredients that could be subject to trade retaliation by European Union expected to be released within a few weeks, according to European Commission. Five essential oil ingredients included on a preliminary list issued in September reportedly have been removed. Oils on the original list included geranium, lavender and vetiver. The final draft is being prepared on the basis of comments from EU member states; public comments on the original list were due in November. Ingredients on the final list may be subject to 100% tariffs if the EU moves forward with retaliation against the U.S. Foreign Sales Corporation Subsidy (1"The Rose Sheet" Sept. 23, 2002, p. 9)...

EU Tariff Implementation Gets Green Light From WTO

The European Union could move forward to implement retaliatory tariffs against the U.S. beginning in the spring after the World Trade Organization ruled against a U.S. Foreign Sales Corporation (FSC) tax provision Jan. 14

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