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Belarus imposed a tariff of US$45 per ton of oil flowing through the Druzhba pipeline, prompting Russia to claim that the move was illegal and to threaten retaliation, [9] since it contradicts bilateral trade agreements and worldwide practice. Only imported or exported goods are being tariffed while transit goods are not objects of tariffing.
WASHINGTON – President Donald Trump said Wednesday he would impose high tariffs on Russia if President Vladimir Putin does not bring a stop to the "ridiculous" war in Ukraine. "Settle now, and ...
Beginning in 1917 with the Trading with the Enemy Act of 1917, the president can impose any tariff while the nation is at war. The affected trade does not have to be connected to the ongoing war. Since 1974, the Trade Act of 1974 allows the president to impose a 15% tariff for 150 days if there is "an adverse impact on national security from ...
In July 2015, on a proposal of the Prime Minister of Russia Dmitry Medvedev, President Vladimir Putin approved the merger of the Federal Tariffs Service with the FAS Russia, adding thus to the competences of the latter mandate with price and tariff regulation, regulation of electricity tariffs, gas prices and certain other tariffs and some ...
President Trump on Wednesday threatened to impose tariffs and sanctions on Russia if there is no deal to stop the fighting in Ukraine “soon.” “I’m not looking to hurt Russia. I love the ...
He noted the unilateral powers a president enjoys and the unprecedented levels tariffs could reach. The effect "on the economy, on businesses, and on individual consumers and workers would ...
EUR/Ruble exchange rate (Rubles per Euro. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ...
US President-elect Donald Trump threatened to levy 100% tariffs on BRICS -- a China- and Russia-led group of nations with emerging economies -- if the countries decide to issue their own currency.