Aluminum News

We strive to let you one step ahead of the market.

US to impose 200% tariffs on aluminum from Russia

2 Mar 2023 16:31 reported by Joy Liu

  • A
  • A
  • A

Recently, US Treasury Secretary Janet Yellen was the first to say that the US Treasury will punish Russian individuals and companies by imposing significant sanctions. The US sanctions have a significant impact on Russia.

On February 24, the US Treasury announced in a new round of sanctions against Russia, 22 individuals and 83 legal entities to be imposed restrictions. The US trade department also expanded the list of high-value goods exported to Russia and Belarus, which now includes 276 items.

US President Joe Biden signed a statement that the US will begin to impose a 200% import duty on aluminum and aluminum products imported from Russia to the US, effective from March 10.