‘Difficult, but not critical’: Ukraine’s economy minister reacts to US reciprocal tariffs

‘Difficult, but not critical’: Ukraine’s economy minister reacts to US reciprocal tariffs

‘Ukraine has something to offer to the US as a reliable ally and partner. Both our countries benefit from fair tariffs,’ says Yulia Svyrydenko - Anadolu Ajansı

The Ministry of Economy commented on the introduction of tariffs by the United States.

Zelensky noted that trade turnover between Ukraine and the United States is small

Ukraine could benefit from 20 percent U.S. tariffs on European goods if Europeans buy less U.S. corn after the EU imposes countermeasures, giving Ukraine a huge opportunity to sell corn to Europe, Asia and other markets, according to a Reuters analysis on Friday. Corn is a key component of Ukraine's grain sector and could become even more important if the EU imposes countermeasures on U.S. products, analysts said.

Ukrainian corn could benefit from U.S. tariffs - ReutersUkrainian corn could benefit from U.S. tariffs, partially replacing American corn. Experts see an opportunity for Ukraine to increase exports of corn, soybeans and wheat.

Trump has introduced large-scale tariffs; how will Ukraine be affected?

Commenting on the introduction of import tariffs by US President Trump, Ukraine’s Minister of Economy Yulia Svyrydenko, noted: “It is difficult, but not critical. A general tariff of 10% will apply to us. There is no separate higher tariff for Ukraine.” Last year, Ukraine exported $874M to the US, with $363M worth of cast iron and $112M of pipe. At the same time, goods worth $3.4B were purchased from the US. Despite this, Ukraine’s tariffs on Am…