Ukrainian government commented on the tariffs imposed by the US

The introduction of new tariffs by the US creates a difficult situation for Ukraine, but not a critical one. This was reported on Facebook by the First Deputy Prime Minister – Minister of Economy Yulia Svyrydenko.

“A general tariff of 10% will apply to us. There is no separate higher tariff, such as in Moldova (31%) or the EU (20%), for Ukraine,” she noted.

And she added that Ukraine exported goods worth $874 million to the US in 2024, of which $363 million was for cast iron and another $112 million for pipes. In return, it imported goods worth $3.4 billion from the US. Ukraine exports over 600 different categories of goods to the US (very different – even wrenches), of which 65 types of products are worth more than $1 million.

Yulia Svyrydenko clarified that Ukrainian duties on American goods are quite low — the rate for cars is 10%, for coal and oil — 0%.

“Therefore, now we have a chance to agree on other conditions — the American statement clearly speaks of such a possibility. If everything remains as it is, the American universal duty will hit mainly small manufacturers. Therefore, we are already working to ensure that Ukraine has better conditions,” the Deputy Prime Minister added.

Tags: USA, restrictions, Ukraine