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US suspends tariffs on steel imports from Ukraine

May 9, 2022 Comments Off

The US on May 9 suspended for one year its 25% Section 232 tariffs on steel imports from Ukraine, noting the importance of that industry to Ukraine’s economy as the country continues to defend itself against Russia. “We need to have their backs and support one of the most important industries to Ukraine’s economic well-being,” Commerce Department Secretary Gina Raimondo…