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Zippo's EU court win over duty hike spotlights EU-US trade summit's high stakes

By Koen Verhelst ( October 18, 2023, 09:46 GMT | Insight) -- US lighter maker Zippo saw victory in the EU courts today over a duty increase applied as part of a bilateral trade spat — just two days ahead of a key EU-US summit that seeks to reset trans-Atlantic trade relations. Judges annulled a 20 percent increase in EU customs duties on mechanical windproof lighters — one of a series of measures in response to punitive US steel and aluminum import tariffs — because it didn’t give the only significant manufacturer a hearing before it imposed the measure.US lighter maker Zippo saw victory in the EU courts today over a duty increase applied as part of a bilateral trade spat — just two days ahead of a key EU-US summit that seeks to reset trans-Atlantic trade relations....

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