U.S. to Impose 200% Tariff on Russian Aluminum
Alumium is often used in fuselage, bolts and window & door frames. In a thorough effort to combat Russian circumvention of sancitions, U.S. White House announced a 200% tariff on Russian aluminum and related aluminum products, which has been effective since March 10. Russian aluminum accounts for about 1/10 of U.S. imports, and buyers range from the automotive to construction industries. The White House said it is planning to extend the sanctions to Russian metals and mining industries, but the move must be carefully planned to minimize the impact on the market.
From: Fasteners World website