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US suspends tariffs on Ukrainian steel for one year

5 Jun 2023 17:23 reported by Iona Chen

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According to the report, the US Department of Commerce decided to extend by one year the temporary suspension of tariffs on Ukrainian steel under Section 232.

Apart from the suspension of tariffs on Ukrainian steel for another year, according to a proclamation on the White House website, the extension of Biden’s decree included the suspension of the tariffs on products from the European Union made from steel originating in Ukraine. A certificate of origin attesting to the Ukrainian origin of the steel articles further processed in a member country of the European Union shall be required for duty-free treatment.

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