To give protection to Ecuadorian manufacturers, the EC government imposed new tariff surcharges in early 2015. Most of the 1,392 products affected by the surcharges had tariff increases of 45 percent this year.
The Cuenca Highlife website reports that those products will see a reduction of surcharges to 40 percent in January 2016 .. 26.7 percent in April .. 13.3 percent in May .. and the surcharges will be completely dropped in June.
Imports affected by the tariff surcharges include wine, food, clothing, electronics, machinery, cosmetics, cars and other products.
Source... www.cuencahighlife.com
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