Argentina Reimposes TRQ for Certain Electric, Hybrid Vehicles
Argentina recently reestablished its tariff rate quota (see 2011250024) for up to 4,500 units of certain electric, hybrid and hydrogen motor vehicles, the Hong Kong Trade Development Council reported Sept. 23. The TRQ will remain in effect for 18 months,…
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HKTDC said, and all in-quota imports will benefit from either duty-free treatment or reduced duties of 2% or 5%, “depending on the product.” Of the 4,500 units, 4,275 will be allocated to Argentinian producers, and 225 units to other importers, the report said.