Fredy Fromage Co. is importing 10,000 kg of grated gouda cheese (0406.20) from the Netherlands with an FOB value of $26,400. Fredy Fromage does not have an import license issued by the Secretary of Agriculture at the time of entry and the cheese is entered during the effective period of safeguards based on value. Which ONE of the following is the correct amount of duty Fredy Fromage will be required to pay upon importation?
A) 700
B) 3960
C) 18030
D) 18430
E) 18730
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The Answer is: E
Citation: HTS Chapter 4, Additional US Note 2; Chapter 99
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