Tariffs Suspended on Ukrainian Steel for One Year
The U.S. Department of Commerce announced the U.S. will be temporarily suspending Section 232 tariffs on Ukrainian steel for one year.
Section 232 tariffs were placed on certain steel products originating in all countries with some exceptions. The tariffs are typically an additional 25% on top of normal duty rates.
Read the notice for more information: https://www.commerce.gov/news/press-releases/2022/05/raimondo-announces-temporary-suspension-232-tariffs-ukraine-steel