EU to raise tariffs on Ukrainian imports from June

The European Union is preparing to impose much higher tariffs on Ukrainian imports starting June 6, the Financial Times reported, citing two EU diplomats.This move comes as temporary trade preferences, introduced after Russia's 2022 invasion, expire. A spokesperson for the European Commission told the newspaper that the bloc plans "transitional measures" that would sharply reduce duty-free quotas while trade talks with Kiev continue. The...

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