The latest on Russia sanctions from the International Trade and Supply Chain Team
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On February 24, 2023, the Biden Administration announced the imposition of additional tariffs on Russian imports of aluminum and approximately 100 other individual products.  The imposition of these additional tariffs was announced on the one-year anniversary of Russia’s invasion of Ukraine. The White House announced its continued support of Ukraine in a series of actions said to “hold Russia accountable,” and included both new import tariffs as well as additional export control restrictions, Entity List designations and economic sanctions targeting individuals and entities operating in Russia as well as those assisting with Russia’s war efforts in Ukraine.

The February 24th proclamation issued by President Biden effectively increases tariffs for over 100 Russian metals, minerals, and chemical products from 35% to 70%.  

In addition, a second proclamation is expected to impose a 200% tariff on Russian aluminum and aluminum derivative articles that are the product of Russia. The 200% tariff will begin March 10, 2023. In addition, there will be a 200% tariff imposed on aluminum articles and derivative aluminum articles where any amount of primary aluminum used in the manufacture of those articles was smelted or cast in Russia. That increase is set to take effect April 10, 2023.

Husch Blackwell is monitoring developments relating to the import restrictions on Russia closely and will provide further insight and updates as information becomes available.  In the meantime, for guidance or questions relating to these new import tariffs, companies can contact the Husch Blackwell International Trade and Supply Chain team.

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Photo of Cortney Morgan Cortney Morgan

An experienced attorney in the area of international trade and supply chain issues, Cortney advises foreign and domestic clients on all aspects of international trade regulation, planning and compliance, including import (customs), export controls, economic sanctions, embargoes, international trade agreements and preference programs.

Photo of Nithya Nagarajan Nithya Nagarajan

Nithya’s extensive background in U.S. trade issues spans 25 years and includes various roles in a number of federal government agencies, including the Department of Commerce Department of Justice, and the U.S. Court of International Trade. She assists clients with administrative and regulatory…

Nithya’s extensive background in U.S. trade issues spans 25 years and includes various roles in a number of federal government agencies, including the Department of Commerce Department of Justice, and the U.S. Court of International Trade. She assists clients with administrative and regulatory actions before the Department of Commerce, International Trade Commission and U.S. Customs and Border Protection (CBP) and defends clients in appeals before the Court of International Trade, Court of Appeals for the Federal Circuit, NAFTA panels and the World Trade Organization. In addition to her body of U.S. experience, Nithya is also well-versed in international trade issues in China and India.

Photo of Robert Stang Robert Stang

Bob focuses his practice on customs and international trade law. He brings 30 years of experience to a wide range of issues that affect inbound and outbound goods, including tariff classification, valuation, country of origin marking matters, free trade agreements, and special trade…

Bob focuses his practice on customs and international trade law. He brings 30 years of experience to a wide range of issues that affect inbound and outbound goods, including tariff classification, valuation, country of origin marking matters, free trade agreements, and special trade programs. He also has extensive customs compliance experience and regularly assists importers facing U.S. Customs and Border Protection (CBP) audits, penalties, seizures, redelivery notices and other agency enforcement activities. Bob works with importers and exporters proactively to achieve cost savings and structure programs that meet CBP “reasonable care” requirements. He also handles supply chain security issues, including Customs-Trade Partnership Against Terrorism (C-TPAT) enrollment, verification and annual reviews.

Photo of Jasmine Martel Jasmine Martel

By understanding the complexities of import/export regulations, Jasmine helps her clients accomplish their international trade goals and build their businesses.