Ukrainian Steel Will Not Face 25% Tariffs Starting June 1
The removal of Ukraine from the countries whose steel exports face 25% tariffs, announced in early May (see 2205090041), will take effect on June 1. A presidential proclamation said Ukrainian steel that is in foreign-trade zones and entered under foreign…
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privileged status will still face 25% Section 232 tariffs when it enters into commerce after that date. The break from national security tariffs will last one year, the proclamation said.