Ukraine among the countries most affected by new US tariffs

The US has imposed new import tariffs since the end of February, and Ukraine has been among the countries that have suffered the most, according to a new EBRD report dated February 26.

According to the EBRD, a new package of US import tariffs came into effect at the end of February 2026. At the time of writing, the level of the new tariffs remained uncertain. Assuming a 15 percent new tariff, the trade-weighted average US import tariff has decreased by about 2 percentage points compared to the level before the decision was made, the EBRD said.

Globally, the report notes, Brazil, China and India have emerged as the main winners, as they had to face higher tariffs until the latest announcement, while the UK, Italy and Singapore now face significantly higher US import tariffs.

“US import tariffs faced by the EBRD region increased by 0.3 percentage points on average, with higher tariffs now affecting 29 countries in the EBRD region. The largest increases were observed in Armenia, Egypt, Kenya, Kosovo and Ukraine, with Bosnia and Herzegovina, Serbia, Moldova and Tunisia being the main winners,” the report said.

As it states, “on average, US import tariffs faced by the EBRD region increased from 14.6 to 15 percent, with higher tariffs now affecting 29 countries in the EBRD region.” “The largest increases in US import tariffs (+3.7 to 4.8 percentage points) were observed in Armenia, Egypt, Kenya, Kosovo and Ukraine,” the report said.

Tags: Ukraine, USA, duties