The steel industry in Ukraine is working on a war on two fronts: the length for three years Invasion from RussiaAnd play on the horizon Trade war From the United States.
President Donald Trump This month announced 25 % of the customs tariff for everyone Aluminum and steel importsIt is something that will enter into force on March 12. If implemented, the already weak steel industry in Ukraine will face additional costs that will weaken not only the industry, but Country In general, according to Associated Press.
“Maintaining the exemption of the customs tariff for Ukrainian steel, including products made in the European Union of Ukrainian steel, provides basic support to Ukraine as it continues to resist unjustified military aggression from Russia,” the Ukrainian Steel Association said in a statement. “The exemption enables Ukrainian exporters steel to maintain their operations, contribute to the national budget and support the wider Ukrainian economy.”
The group said that the customs tariff will cost the steel industry in Ukraine, which has been greatly placed since the war began, $ 58 million of revenues and the government is $ 24 million in taxes, for every Associated Press.
Definitions are not the only possible source of concern for Ukraine. Trump announced this month that he spoke with Russian leader Vladimir Putin over the phone, as he opposed three years of American policy. In addition to statements by Defense Minister Beit Higseth, who suggested that the United States was moving away from the awareness of NATO membership in Ukraine, the great concern of Ukraine is the lack of Washington as an ally.
The war with Russia was torn through the economy of Ukraine, and it obtained trade routes and sabotage of the energy network. Exemption from American tariff policies that keep trade.
“The morale is not as high as it was before. Sirhi Zivuchinko, a supervisor of the steel factory, told the Associated Press newspaper that Serai Zivotchinko, the supervisor of the steel factory, said,“ We are very tired here. “But there is no way to return; the only way is the front.”
