Memphis Daily News Chandler Reports Nashville Ledger
» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 42 | NO. 24 | Friday, June 15, 2018

Russia to slam retaliatory tariffs on US imports

Print | Front Page | Email this story

MOSCOW (AP) — Russia on Tuesday announced retaliatory measures in response to the U.S. move to impose tariffs on foreign steel and aluminum.

Economic Development Minister Maxim Oreshkin said a statement that Moscow has decided to apply retaliatory measures in line with the World Trade Organization's rules to compensate for damage incurred by the U.S. tariffs.

Oreshkin said that additional tariffs will be applied to a range of U.S. imports, but he declined to immediately name them, saying his ministry will release the list in the coming days. He added that the tariffs will be applied to the U.S. goods that have domestic equivalents to avoid hurting the national economy.

Oreshkin later told reporters that tariffs may apply to road construction equipment and some other items, but will not target medicines, according to Russian news agencies.

The European Union, India, China and Russia all have applied to the WTO to challenge the tariffs that took effect March 23. Washington argued they were for national security reasons.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0