Ukraine will continue to actively cooperate with partners to find the best solution for the metallurgical industry before the US tariffs begin -Introduced.
As a result of running new US duties in steel and aluminum, Ukraine may lose its way -millions of dollars. This was reported by first Deputy Prime Minister – Economics Minister Yulia Sviridenko on Facebook on Tuesday, February 11.
“The US decision from March 12 to introduce a steel role from other states, including from Ukraine, will naturally affect the metallurgical industry,” the official said.
According to him, metallurgical products were 57.9% in the export of Ukraine to the USA – $ 503.3 million with $ 869.1 million.
The largest export product is cast iron ($ 363.4 million, 940 thousand tons), pipes ($ 112.9 million, 92 thousand tons), rods ($ 15.2 million, 3.3 thousand tons), wire ($ 4 million , 3.9 thousand tons), metal structures ($ 1.3 million, 182 tons)
“At the same time, as mentioned in Trump’s own expression, the part of Ukrainian products in imports has become minimal in the United States and has no significant impact on American manufacturers … Therefore, we are focused on active work To the partners to search for the best solution until March 12, ” – emphasize Sviridenko.
Remember that on the eve of US president Donald Trump announced the introduction of 25% of duties in all imports of iron and aluminum in America without excluding benefits from March 12. At the same time, he warned that Metal tariffs “may be higher”.
Remember, on February 2, Trump signed commands to introduce duties to imports from Canada, Mexico and China. For imports from Mexico and Canada, the role will be 25%, and for goods from China – 10%.
Thereafter, China announced a “deep frustration” because of the United States’s decision and announced his desire to file a complaint with the World Trade Organization.
Source: korrespondent
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