The head of the Ministry of Economy of Ukraine, Yulia Svyrydenko, announced the introduction of a general tariff of 10% on the export of Ukrainian goods to the United States. This decision was a response to the new customs tariffs announced by US President Donald Trump.
This is reported by Kyiv24
“What do the new tariffs from the US mean for Ukraine? It’s difficult, but not critical. A general tariff of 10% will apply to us. There is no separate higher tariff, like Moldova’s 31% or the EU’s 20%, for Ukraine,” Svyrydenko noted in her Facebook post.
Dynamics of Export and Import of Goods
According to the minister, last year Ukraine exported goods worth a total of 874 million dollars to the US. The largest export volumes included pig iron, which accounted for 363 million dollars, as well as pipes worth 112 million dollars. Meanwhile, the import of goods from the US to Ukraine reached 3.4 billion dollars.
Svyrydenko emphasized that Ukrainian tariffs on American goods remain relatively low: the rate on cars is 10%, and on coal and oil, it is 0%. She expressed hope that this situation opens up opportunities for negotiations to improve trade conditions.
Impact on Small Producers
The head of the Ministry of Economy noted that if circumstances remain unchanged, the new American customs rule could negatively affect small producers in Ukraine. “We are already working to ensure better conditions for Ukraine,” she added.
“We export over 600 different categories of goods to the US (very diverse – even wrenches), of which 65 types of products are worth more than 1 million dollars. Ukraine has much to offer the United States as a reliable ally and partner. Both our countries will benefit from fair tariffs,” Svyrydenko concluded.
It is worth noting that US President Donald Trump announced the introduction of global tariffs on imported goods, with a base rate of 10%. For EU countries, it will reach 20%, for China – 34%, South Korea – 25%, Japan – 24%, and India – 26%. European Commission President Ursula von der Leyen stated that these tariffs could seriously impact the global economy, and the EU is prepared for countermeasures in case negotiations with Washington fail.