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August 15, 2022

U.S. imposed a 35% tariff on Russian wood products

U.S. imposed a 35% tariff on Russian wood products
Starting from July 27, the United States imposed a 35% tariff on 570 items of goods imported from Russia, including minerals, chemicals, plastics, rubber, wood and paper, to expand economic and trade restrictions on Russia's exports. Other countries such as Canada, New Zealand and the UK are understood to have imposed similar tariffs on Russian imports.    Since the Russia-Ukraine incident broke out at the end of February, Russia's exports of wood and wood products began to show a downward trend and continued until the second quarter of this year. According to the White ...

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