Biden raises U.S. tariffs on certain Russian imports to 35 percent

On June 27, 2022, President Joe Biden waved when a G7 leader met an outreach guest at a resort in Schloss Ermau Castle in Bavaria near Garmisch-Partenkirchen, Germany. (Lucas Bath / Reuters)

According to the White House declaration, President Joe Biden raised tariffs on certain Russian imports to 35% on Monday as a result of suspending Russia’s “most favored nation” trading conditions during the war in Ukraine.

A higher 35 percent tariff “applies to the import of certain other products of the Russian Federation, which has not yet been banned,” the declaration said.

The Biden administration previously banned Russian oil and energy products, fish, seafood, alcoholic beverages, and non-industrial diamonds from the United States. An annex listing products subject to higher obligations was not immediately available.