In a landmark ruling on 21 November 2024, the European Court of Justice (āECJā) dismissed an appeal, upholding the General Court of the European Union’s original decision that relocation of production from the US to Thailand with the dominant purpose of avoiding EU retaliatory tariffs on US-origin goods could not be āeconomically justifiedā and as such falls foul of the EUās āanti-circumventionā rules. This decision could have wide-ranging impacts, including a significant impact on companiesā…
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