Business news from Ukraine

UKRAINIAN GOVERNMENT TAKES STEPS TO REMOVE PRODUCTS FROM UNDER U.S. SANCTIONS FOR STEEL PRODUCTS

10 March , 2018  

The Ukrainian government is taking steps to remove Ukrainian products from under the U.S. sanctions for steel and aluminum products, Deputy Minister of Economic Development and Trade – Ukraine’s Trade Representative Natalia Mykolska has said. “We believe that Ukrainian products, which have been represented on the American market for a long time, do not pose any threat to U.S. national security. We are in constant dialogue with the U.S. government and keep in contact with Ukrainian producers about this matter,” she wrote on her Facebook page on Friday.
U.S. President Donald Trump said earlier that the United States would impose a 25% duties on steel imports and 10% duties on aluminum. The U.S. Department of Commerce concluded after an audit that imports of these metals threaten to impair U.S. national security. Trump has until April 11 to make a decision on steel and April 19 for aluminum.