The G7 summit in Canada is underway, amidst rising tensions in the Middle East and controversies over Trump’s tariffs. War in Ukraine will be discussed on June 17, with Ukrainian President Volodymyr Zelenskyy set to meet with US President Donald Trump, as confirmed by a White House official to Axios. The two leaders l... #Canada #DonaldTrump #DutyTariff #G7 #G7Summit #MiddleEast #WarinUkraine #Zelenskyy
Trump has increased tariffs on steel and aluminum to 50%: How will this affect Ukrainian exports? US President Donald Trump has signed an executive order that will raise tariffs on steel and aluminum imports from 25% to 50% effective June 4. As evidenced by the executive order, Trump has concluded... #DonaldTrump #DutyTariff #TradeWar #UkraineExport #UkraineSteelExport #USduties
Ukraine is set to discuss the abolition of tariffs on metallurgical products with the US. The Ministry of Economy of Ukraine is initiating conversations with US officials about removing tariffs on Ukrainian metal products, specifically those imposed during President Trump’s administr... #CustomDuties #DonaldTrump #DutyTariff #MetallurgyUkraine #TarasKachka #UkraineExport #UkrainianMetalExport
The EU intends to increase tariffs on Ukrainian imports and has suggested an interim solution until a trade agreement is updated. The EU aims to impose higher tariffs on Ukrainian products entering its market after June 5, when the current duty-free trade arrangement will end. The Ukrainian government estimates that reverting to... #DutyTariff #EUimport #EUmarket #TradeAgreement #UkraineExport #VisaFreeTrade
Putin will have to make a choice: pursue negotiations and end the war or face the collapse of the Russian economy. The US Congress is preparing to impose a 500% tariff on Russia’s allies. Republican Senator Lindsey Graham stated that he has the backing of 72 colleagues in the Senate for the bill, which proposes “devastating” new sanctions against Russia. He believes that sa... #DonaldTrump #DutyTariff #LindseyGraham #PeaceTalks #SanctionsAgainstRussia #SecondarySanctions
Trump’s trade war: European companies urged to increase purchases of US liquefied natural gas as China boosts its imports from Russia. The EU will release a roadmap on May 6 to phase out its purchases of Russian fossil fuels and continue to decrease Russian imports, according to European Council President Antonio Costa. “This c... #AmericanLNG #AntonioCosta #China #DutyTariff #RussianLNG #TradeWar
The EU has delayed the implementation of a ban on Russian LNG imports in future sanctions packages. This decision is influenced by resistance from some EU member governments and uncertainty regarding alternative supply sources. Instead, the European Commission plans to create a new roadmap by May th... #AmericanLNG #CzechRepublic #DutyTariff #EnergyIndependence #RussianLNG #TALpipeline
How will US tariffs affect Ukrainian exporters? Deputy Minister of Economy Taras Kachka said: “The US is projected to receive $870M in Ukrainian exports in 2024, which is an increase compared to 2023. About 41% of our exports to the US last y... #agroexportukraine #CastIronUkraine #DutyTariff #HoneyExport #SunflowerOil #TarasKachka #UkraineExport
Trump’s tariffs could severely impact Russia’s oil revenue. While Moscow has managed to evade US President Trump’s tariffs, the Russian budget will still endure consequences from Washington’s trade war. The Telegraph reports that a threat to Russia has emerged... #DutyTariff #GlobalEconomy #ImportDuties #RussianEconomy #RussianOil #TradeWar
The EU has offered Trump a trade truce, but the White House demands financial “reparations” and $350B in energy purchases. On April 7, EU ministers agreed to prioritize negotiations over countermeasures in response to US President Donald Trump’s tariffs, which impact 70% (€380B) of total European exports. European C... #DonaldTrump #DutyTariff #EuropeanCommission #ImportDuties #UrsulavonderLeyen
Despite the insignificant impact of Trump’s tariffs on Ukraine, it is ready to zero out tariffs on American products and negotiate with the US. For Ukraine, the predominant negative consequence of the global trade war may be lower volumes of macro-financial assistance from European partners economically weakened by tariffs. In addition, Ukrai... #DonaldTrump #DutyTariff #ImportDuties #TarasKachka #UkraineEconomy #UkraineExport #UkraineImport #UkraineTrade
European gas prices have fallen to their lowest level in six months; Ukraine is advised to stock up for the upcoming winter. At the end of last week, futures prices for natural gas in Europe dropped sharply by over 10% to €35.2 per MWh, according to the ICE exchange. These are the lowest European gas prices in the past six ... #China #DutyTariff #GasImport #gasprices #LNG
The EU is preparing counter-tariffs targeting the US totaling $28B, and the UK has compiled a list of 8,000 US goods to mirror tariffs. EU countries will aim to present a united front against Donald Trump’s tariffs in the coming days, likely by approving the initial set of targeted counter-measures on US imports. The 27 EU count... #DonaldTrump #DutyTariff #EuropeanCommission #foreignTrade #GreatBritain #USduties
Trump has introduced large-scale tariffs; how will Ukraine be affected? Commenting on the introduction of import tariffs by US President Trump, Ukraine’s Minister of Economy Yulia Svyrydenko, noted: “It is difficult, but not critical. A general tariff of 10% w... #DonaldTrump #DutyTariff #UkraineEconomy #UkraineForeignTrade #USduty #YuliyaSvyridenko
