By  on March 26, 2014

The European Union will drop a 26 percent retaliatory tax on women’s jeans made in the U.S. to 0.35 percent on May 1.

This move, announced Wednesday by Sandler, Travis & Rosenberg, a Washington-based law firm specializing in Customs and international trade, and confirmed by the European Union, will lower the EU duty rate on such jeans to 12.35 percent a year after it saw a significant increase in an ongoing trade dispute.

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