Cancellation of “Trump” Duties on Imports of Ukrainian Metal

by Olha Povaliaieva
Tuesday, February 15, 2022
Cancellation of “Trump” Duties on Imports of Ukrainian Metal

The association of metallurgical enterprises of Ukraine announced the need to replace the duty with a tariff quota

During his presidency in the United States, Donald Trump introduced a 25% duty on imports of all types of steel products in March 2018. The argument for this decision was the protection of US national security. Today, 34 states have already removed from the list of states liable to pay the “Trump” fee.

Since the participation of Ukrainian metal in the US market is about 1%, the association of metallurgical" rel="dofollow">enterprises of Ukraine, Ukrmetallurgprom, turned to the president of Ukraine, the prime minister of the country, and the US chargé d'affaires in Ukraine Christina Quinn. The subject of the appeal is the initiation of a dialogue with Washington on the abolition of duties for Ukraine and its replacement with a tariff quota.

“Ukraine is a strategic partner of the USA. Therefore, official Kyiv can count on Washington's positive decision on the issue of abolishing the steel duty," says Ukrmetallurgprom.

The statement of Ukrmetallurgprom conveyed the statement of Joe Biden and Anthony Blinken about their intention to support Ukraine in the process of stabilizing its economic sector.

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