The U.S. Department of Commerce announced that the United States will stop collecting customs duties on steel produced by Ukraine for a year. The reason is the damage caused to the Ukrainian industry by Russian troops.
In a statement, the ministry, in particular, says: “Some of the largest steel enterprises in Ukraine have become victims of Putin’s barbarism, and the plant in Mariupol has become a living symbol of resistance to Russian aggression.”
In 2018, then U.S. President Donald Trump imposed a 25% tariff on steel imports, including from Ukraine. Lawmakers from both parties have called on President Joe Biden to repeal it.
Before the Russian invasion, Ukraine ranked 13th in the world ranking of the largest steel producers and exported about 80% of its products.