MarketsThe United States has decided to impose taxes on...

The United States has decided to impose taxes on nitrogen fertilizers from Russia

-

The U.S. Department of Commerce says Russian manufacturers and exporters of urea-ammonia (UAN) receive subsidies that are subject to competitive U.S. measures and that the products are sold at a reduced price. This allows the agency to impose its responsibilities, according to a statement released Thursday in the US Government’s Collection of Official Documents – the so-called In the Federal Register.

“The US Department of Commerce has determined that the relevant subsidies were provided to UAN manufacturers and exporters from the Russian Federation,” the document said.

According to the report, the agency believes that “UAN from the Russian Federation is for sale or, most likely, will be sold in the United States at a real low price.”

According to the US Department of Commerce, these subsidies were received, in particular, by Eurochem and Akron. The agency presented its assessments for these companies of “the proposed individual rate of US allowable compensation subsidies.” For EuroChem this figure is estimated at 6.27%, for Akron – 9.66%, for other manufacturers – 8.47%.

The report said that anti-dumping charges on Akron products could be 8.16%. For Eurochem and a number of other manufacturers – 23.98%.

This investigation was launched in 2021 from Russia, as well as in connection with the supply of UAN from Trinidad and Tobago. In a lawsuit filed against U.S. fertilizer producers, U.S. authorities acknowledged that these exports were detrimental to the national economy. In January of this year, the US Department of Commerce made a preliminary decision to impose taxes on the supply of UAN from the Russian Federation.

Source: rambler

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Japan backs Ukraine, Moldova EU candidate status

The Government of Japan supports the decision of the EU leaders to grant candidate status for membership in the...

The death toll from a plane crash near Ryazan has risen

An IL-76 military transport plane crashed in the Ryazan region. Three people died in the accident and six...

The DPR said the republic had moved 90% into Russian law

Deputies of the People's Council brought 90% of the legal framework of the Donetsk People's Republic into Russian. ...

Macron’s romp

While the landslide victory of Juanma Moreno in Andalusia returns the Partido Popular to its status as a center-right...

Ukrainian MPs have decided to go to South Korea for humanitarian aid

Seoul is waiting for the official visit of the Ukrainian parliamentary delegation, Yonhap reports. According to the agency,...

Four months of Russian invasion: “It is freedom or death for us”

A funeral procession leaves the church of the military garrison of St. Peter and St. Paul in Lviv to...

Must read

The Vatican was the first in Europe to pay Russia for gas in rubles

The state bought the national currency from the Central...

You might also likeRELATED
Recommended to you