Contents tagged with duties on steel and aluminum
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Russia may lose $3 billion over tariffs imposed by Trump
The losses of Russian companies from the introduction of duties on imported steel and aluminum by the US may amount to about $3 billion, Russian Deputy Minister of Industry and Trade, Viktor Evtukhov stated on the Rossiya 24 TV channel.
"As for the losses to our businesses, our companies, according to preliminary estimates, it is at least $2 billion in steel and $1 billion in aluminum," Evtukhov said.
According to him, the high level of losses is explained, in particular, by the fact that …