On the proposal for a Regulation of the European Parliament and of the Council on the adjustment of customs duties on the import of certain goods originating in the United States of America and opening of tariff quotas for imports of certain goods originating in the United States of America
BUDG-PA-778172
Committee on Budgets · Rapporteur: Danuše Nerudová
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The Committee on Budgets' draft opinion assesses the budgetary impact of the proposed regulation adjusting customs duties on US goods. It notes revenue losses and calls for transparency and monitoring.¶¶¶ The opinion also proposes an amendment adding a recital on the budgetary implications and compatibility with the multiannual financial framework.¶
Committee position. The Committee on Budgets proposes amendments to the draft regulation, adding a recital on budgetary implications and compatibility with the multiannual financial framework.¶
Key points
- The proposal applies a 0% customs duty rate on certain US goods and opens autonomous tariff quotas, in line with the Joint Statement on a EU-US trade framework.¶
- Article 3 allows suspending tariff concessions if the US fails to comply with its commitments under the Joint Statement.¶
- Customs duties are a major part of traditional own resources, accounting for around 10-15% of total own resources revenue, EUR 22.2 billion in 2025.¶
- The estimated annual budgetary impact of forgone customs revenues is approximately EUR 1.2 billion in 2025 and EUR 3.9 billion annually until 2030.¶
- The EU budget is under strain, so the opinion urges reforming the revenue system with new genuine own resources.¶
- Member states retain 25% of collected duties as collection costs; the Commission proposed lowering this to 10%, and Parliament calls for increasing the share of traditional own resources.¶
- The impact on EU budget revenues remains uncertain due to various parameters and economic trends.¶
- Calls on the Commission to ensure transparency in estimating and monitoring forgone customs revenues and to inform the budgetary authority of deviations.¶
- Aggressive US trade policies could negatively affect EU sectors and regions, increasing reliance on the European Globalisation Adjustment Fund.¶
- Potential expansion of bilateral trade may have second-round effects on other own resources bases, such as VAT and GNI.¶
- The proposal is compatible with the current multiannual financial framework, the own resources system, and the interinstitutional agreement.¶
- The Commission should take the opinion into account in annual budgetary procedures and post-2028 own resources projections.¶