The US should lift tariffs on Ukrainian steel permanently ...Middle East

Economy by : (Quartz) -
In the months since Russia invaded Ukraine, the US has inexplicably kept enforcing a 25% tariff on Ukrainian steel that dates back to the Trump presidency. On May 9, the Biden administration lifted those tariffs—but for just one year.This, too, is inexplicable. For one thing, imports from Ukraine were never going to threaten the American steel industry. In 2019, Ukraine sent roughly 200,000 tons of steel to the US, minuscule compared to the 26.3 million tons of steel that the US imported in total that year. Ukraine doesn’t even figure in the top ten countries from which the US buys steel.The Biden administration has already softened these tariffs for other major steel exporters like Japan an

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