US to suspend tariffs on Ukrainian steel for one year

11/05/2022 11:08 - 56 Views

Then-United States President Donald Trump in 2018 imposed a tariff of 25 percent on steel imports from countries including Ukraine.

The United States will suspend tariffs on Ukrainian steel for one year, the US Department of Commerce said, citing the damage Russian President Vladimir Putin’s war in Ukraine has done to the industry.

“Some of Ukraine’s largest steel communities have been among those hardest hit by Putin’s barbarism, and the steel mill in Mariupol has become a lasting symbol of Ukraine’s determination to resist Russia’s aggression,” the department said in a statement, referring to the plant that became the last redoubt of government troops fighting Russians for their city.

Source: ALJAZEERA