The US Abolishes Customs Duties on Steel Imports from Ukraine

by Olha Povaliaieva
Tuesday, May 10, 2022
1 MIN
The US Abolishes Customs Duties on Steel Imports from Ukraine

The US Department of Commerce has announced the suspension of 232 tariffs on Ukrainian steel and steel products for one year

"Steelworkers are among the world's most resilient — whether they live in Youngstown or Mariupol. We can't just admire the fortitude and spirit of the Ukrainian people — we need to have their backs and support one of the most important industries to Ukraine's economic well For steel mills to continue as an economic lifeline for the people of Ukraine, they must be able to export their steel. Today's announcement is a signal to the Ukrainian people that we are committed to helping them thrive in the face of Putin's aggression, and that their work will create a stronger Ukraine, both today and in the future," secretary of commerce Gina Raimondo.

In 2018, Donald Trump introduced a 25% tax on imports of metal products from several countries, including Ukraine. This tax will be abolished.

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