Posted on 01 Jun 2023
The United States will extend by another year the temporary suspension of tariffs on Ukrainian steel, the Commerce Department said on Wednesday, citing the Russian invasion of Ukraine.
The United States initially suspended tariffs on Ukrainian steel for one year in May last year, months after the Russian invasion began.
Then-President Donald Trump in 2018 imposed a tariff of 25% on steel imports from countries including Ukraine. U.S. lawmakers urged President Joe Biden to remove the tariffs after Russia invaded Ukraine in February 2022.
Source:Reuters
