Statement by Secretary of Commerce Gina Raimondo on the Imposition of Higher Section 232 Tariffs on Imports of Russian Aluminum
Feb 24, 2023
Statement by Secretary of Commerce Gina Raimondo on the Imposition of Higher Section 232 Tariffs on Imports of Russian Aluminum
KCPullen@doc.gov
Fri, 02/24/2023 – 11:44
Trade enforcement
FOR IMMEDIATE RELEASE
Friday, February 24, 2023
Office of Public Affairs
publicaffairs@doc.gov
Secretary of Commerce Gina Raimondo today released the following statement after the White House announced additional actions in coordination with the G7 to hold Russia accountable for its invasion of Ukraine:
“The United States continues to rally the world to support Ukrainians as they defend their freedom. Today, one year after Russia began its brutal invasion of Ukraine, President Biden is taking significant action to increase tariffs on Russian aluminum pursuant to Section 232 of the Trade Expansion Act of 1962, as amended alongside a second round of tariff increases on certain Russian products under the Suspending Normal Trade Relations with Russia and Belarus Act. In total, these actions will increase tariffs on Russian aluminum up to 270 percent – increasing pressure on Russia while minimizing costs on us and protecting our industries and workers.
“President Biden has made it a priority to mitigate the effects of Russia’s invasion on domestic industries critical to our national security, and this includes the American aluminum industry. In imposing these tariffs, we are denying Russia an important market for its aluminum while taking a stand for America’s workers.
“The United States and our global alliance will continue to support Ukraine for as long as it takes. And we will continue to work to hold Russia accountable and seek justice for the atrocities being committed in Ukraine.”
The White House Fact Sheet on today’s announcement is available here.
Bureaus and Offices
Bureau of Industry and Security
International Trade Administration
Leadership
Gina M. Raimondo
Tags
Export Controls
Section 232 Investigation
Read the full report from the U.S. Department of Commerce: Read More
