US import block on vapes could cut illegal sales by a third, BAT says


By Emma Rumney

LONDON, Feb 12 (Reuters) – A potential U.S. move to block imports of some disposable vapes could cut the booming market for ‌unregulated e-cigarettes by as much as a third, British American Tobacco’s ‌CEO told Reuters on Thursday, though any impact is unlikely before 2027.

Tobacco giants including BAT and ​U.S. Marlboro-maker Altria have spent years fighting a flood of mostly Chinese-made vapes that lack U.S. authorisation for sale but have still come to dominate the world’s largest market for smoking alternatives.

BAT estimates unregulated devices make up about 70% of U.S. e-cigarette ‌sales, hitting both its ⁠vape and traditional tobacco businesses. The company has two active cases at the U.S. International Trade Commission, seeking to block imports ⁠of unregulated devices.

Last year, an ITC judge ruled in BAT’s favour in a patent dispute and recommended a general exclusion order that would block disposable vapes infringing its ​patents. BAT ​said alongside annual results on Thursday that ​it expects a full ITC ‌determination in March, followed by a 60-day presidential review.

CEO Tadeu Marroco told Reuters that such a block could have a meaningful impact on the market, which he defined as a drop to below 50% of industry sales, or by roughly a third. But the scale was hard to predict, he added.

He also warned ‌that a long U.S. supply chain for such ​devices and large inventories would delay any effect. “So ​even if you get the ​support from the ITC … it will not be until early ‌next year that you have a material ​impact on that,” ​he said.

Marroco also said he would not be surprised if the U.S. Food and Drug Administration launched a programme to test a different approach ​to vapes, potentially including flavoured ‌vapes. After years of rejecting most applications for new nicotine products, ​the FDA has looked to speed up or streamline its processes.

(Reporting ​by Emma Rumney. Editing by Mark Potter)



Source link

  • Related Posts

    France to Scale Back Solar, Wind Plans as Power Demand Slows

    The long-awaited energy roadmap, outlining 2030 and 2035 production targets across sources ranging from nuclear and hydropower to biofuels and geothermal, is expected to pave the way for the government…

    Breezy Johnson crashes out of the super-G final

    IE 11 is not supported. For an optimal experience visit our site on another browser. FBI reportedly find gloves in search for Nancy Guthrie 00:41 Now Playing Breezy Johnson crashes…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    France to Scale Back Solar, Wind Plans as Power Demand Slows

    ICE chief, immigration officials testify at Senate hearing on Minnesota

    ICE chief, immigration officials testify at Senate hearing on Minnesota

    “Windows 11 26H1” is a special version of Windows exclusively for new Arm PCs

    “Windows 11 26H1” is a special version of Windows exclusively for new Arm PCs

    Birthplace of hymn Cwm Rhondda saved by fundraising drive | Wales

    Birthplace of hymn Cwm Rhondda saved by fundraising drive | Wales

    Cuts to food safety don’t save money. They cost lives

    Cuts to food safety don’t save money. They cost lives

    Trump’s multibillion lawsuit against BBC over Panorama edit set for trial in 2027 | BBC

    Trump’s multibillion lawsuit against BBC over Panorama edit set for trial in 2027 | BBC