Common External Tariff (CET)

The Common External Tariff (CET) is a uniform tariff rate that a group of countries applies to imports from non-member nations. In the European Union (EU), the CET ensures that all member states levy the same duties on goods entering from outside the EU, facilitating consistent trade practices and supporting the single market. This uniform tariff simplifies trade policies within the group and provides a level playing field for businesses operating within the region.