Morocco to Raise Tariffs on Chocolate Imports
Morocco will increase the tariff rate on chocolate imports by more than 20 percentage points next year, the U.S. Department of Agriculture Foreign Agricultural Service said in a Nov. 19 report. The measure, approved by Morocco this month, will increase…
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tariffs on imported chocolate and food preparations containing cocoa from 17.5% to 40% starting Jan. 1, the report said. U.S. chocolate products will remain duty-free under the U.S.-Morocco Free Trade Agreement. The USDA said Morocco mainly imports chocolate from Europe, Egypt, Switzerland and the United Arab Emirates.