Home Investing News U.S. plans 200% tariff on Russian aluminum – Bloomberg News

U.S. plans 200% tariff on Russian aluminum – Bloomberg News


U.S. plans 200% tariff on Russian aluminum – Bloomberg News By Reuters

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Commodities 16 minutes ago (Feb 06, 2023 10:00AM ET)

(C) Reuters. FILE PHOTO: A worker operates a mixer of fused aluminium at the foundry shop of the Rusal Krasnoyarsk aluminium smelter in Krasnoyarsk, Russia October 3, 2018. Picture taken October 3, 2018. REUTERS/Ilya Naymushin/File Photo

(Reuters) -The United States is preparing to impose a 200% tariff on Russian-made aluminum as soon as this week, Bloomberg News reported on Monday, as Washington looks to increase pressure on Moscow over its invasion of Ukraine.

The U.S. is also targeting the Russian metal as Moscow has been dumping aluminum on the U.S. market and harming American companies, the report said, citing people familiar with the matter.

The move has been contemplated for months, the report added.

U.S. plans 200% tariff on Russian aluminum – Bloomberg News

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