Government/Policy
June 4, 2024
Biden again extends Ukrainian steel tariff suspension
Written by Laura Miller
President Joe Biden announced that the US will extend the suspension of Section 232 tariffs on steel products imported from Ukraine for another year.
The Biden administration first lifted the 25% Section 232 tariffs on steel imports from Ukraine after the breakout of war with Russia in 2022. The initial waiver was good for one year and was then extended last year. Thus, this marks the administration’s second extension.

