Sri Lanka Reduces Corn Import Duty
Sri Lanka recently put in place a temporary tariff reduction for imported corn, but USDA’s Foreign Agricultural Service expects the move to have minimal impacts on U.S. corn because Indian corn prices are lower. The new duty, imposed under a…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
“Special Commodity Levy,” reduces the tariff on corn from 75 Sri Lankan Rupees per kilogram to 25 per kilogram, or about .076 cent, for about six months from Aug 18.