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Presidential Proclamation Increasing Duties on Certain Articles from Russia

July 11, 2022 •Avalon

Trade

On June 27, 2022, President Biden issued a Proclamation which increases duties on certain articles from the Russian Federation. The proclamation indicates that the US will increase the column 2 duty rates to 35% on certain products of the Russian Federation.

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The Quest Newsletter is designed to provide critical information in the transportation industry. Avalon Risk Management is not responsible for the accuracy or reliability of information contained in articles. The reader/user assumes all risk in the use of such information.