New EU-US Trade Framework: Proposal for a Regulation on customs duties and tariff quotas

REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

Below, we share the proposed regulation published by the European Commission regarding the adjustment of customs duties and the opening of tariff quotas for certain products originating in the United States.

This proposal is the result of the political agreement reached between the European Union and the United States on July 27, 2025, followed by the Joint Declaration of August 21, 2025, which establishes the new EU-US Trade Framework.

The main points included in the proposal are:

  • Elimination of customs duties on all industrial products originating in the US.
  • Preferential market access for certain US agricultural and fishery products through partial tariff liberalization and tariff quotas.
  • Suspension of the ad valorem component of tariffs on certain goods, while maintaining specific duties (detailed in Annex II).
  • Opening of tariff quotas for products such as pork, bison meat, dairy products, nuts, soybean oil, animal feed, fish, and fishery products (as per Annex III).

Below, we share the proposed regulation published by the European Commission regarding the adjustment of customs duties and the opening of tariff quotas for certain products originating in the United States.

This proposal is the result of the political agreement reached between the European Union and the United States on July 27, 2025, followed by the Joint Declaration of August 21, 2025, which establishes the new Trade Framework.

The proposal provides for the Regulation to enter into force on the day following its publication in the Official Journal, with the tariff suspensions and quotas applying immediately. In addition, an accelerated legislative procedure is envisaged to ensure its prompt implementation.

The proposed regulation includes annexes with the TARIC codes of the products concerned, for detailed consultation.

At BestWay Zaragoza Forwarding, we remain committed to providing our customers with up-to-date and relevant information to facilitate their logistics and business decisions. We are at your complete disposal for any specific queries related to this matter or any other that may affect your operations.

*This article has been automatically translated from its Spanish version.

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In compliance with current legislation on data protection, we inform you that BESTWAY ZARAGOZA FORWARDING S.L. is responsible for your personal data, and will use them for the purpose of sending information through the means provided in the subscription about news, products and services related to us or our sector. This processing is based on the consent of the data subject. No transfer of your data to third parties is foreseen. You can access, correct and delete your data as well as other data protection rights via rgpd@bestwaycargo.es. Further information on data protection can be obtained from our organisation on request.