Trinindad & Tobago: The Caribbean Court of Justice has ruled against Hard Rock Cement in its challenge against Trinidad & Tobago’s 50% tariff on hydraulic cement. Nation News has reported that the Caribbean Community (CARICOM)’s Council for Trade and Economic Development (COTED) granted Trinidad & Tobago’s application to implement the new tariff in 2020. It remained in force for all of 2021. Cement importer Caribbean Cement challenged both the decision and the conduct of the application process.
Court upholds Trinidad & Tobago cement import tariff
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