9,344.97 TL BIST 100 BIST 100
30.97 $ USD USD
€33.45 EUR EUR
43.24 TL Interest Interest
82.70 $ Fossil Oil Fossil Oil
23.17 $ Silver Silver
3.87 $ Copper Copper
119.59 $ Iron Ore Iron Ore
398.00 $ Ship Dismantling Ship Dismantling
43.24 TL Gold (gr) Gold (gr)

US extends tariffs on Ukrainian steel for another year

The temporary suspension of tariffs imposed by the United States on Ukrainian steel has been extended for another year, the Commerce Department announced on Wednesday.

US extends tariffs on Ukrainian steel for another year

The temporary suspension of tariffs on Ukrainian steel by the United States has been extended for an additional year, as announced by the Commerce Department on Wednesday.

Originally implemented in May, the U.S. halted tariffs on Ukrainian steel in response to the ongoing conflict between Russia and Ukraine.

In 2018, former President Donald Trump imposed a 25 percent tariff on steel imports from multiple countries, including Ukraine.

In February 2022, U.S. lawmakers strongly urged President Joe Biden to eliminate these duties. According to the U.S. Chamber of Commerce, Ukraine's exports to the U.S. in 2021 amounted to $1.9 billion, which constituted less than 0.1% of total U.S. imports but represented approximately 2.8% of all Ukrainian exports.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Pakistan's scrap imports increased

Wednesday, February 21, 2024

In December 2023, the US section beams exports decreased

Wednesday, February 21, 2024

SMS Group and Hasçelik launched a strategic partnership

Wednesday, February 21, 2024

Ferroalloy production in Ukraine fell by 57% in 2023

Wednesday, February 21, 2024

Morocco's green hydrogen ambitions: Overcoming uncertainties on the path ahead

Wednesday, February 21, 2024
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now