The Biden administration issued another round of tariffs Friday on key industrial goods from Russia — including a 200% tariff on aluminum — as the country’s invasion of Ukraine crosses the one-year mark.
Aluminum tariffs were announced in addition to $2.7 billion in new duties on many metals and raw materials from the country. The tariff rates on most metals and metal products will double from 35% to 70% beginning April, and target “a crucial revenue generating sector of the Russian economy”
— Supply Chain Dive
Russia is behind China and India the world’s third-largest producer of aluminum and ranks fifth overall in terms of imports of the metal into the United States.
Architects and builders have only recently come out from under 25% steel and aluminum tariffs imposed on certain countries by the Trump administration for reasons of “national security” (e.g. economic protectionism).
The tariffs will go into effect on March 10th. White House officials also cited an increase in Russian aluminum imports through much of last year.
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