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Further tariff hikes on Russian imports to be assessed by EU Commission

By Oscar Pandiello ( May 31, 2024, 11:34 GMT | Insight) -- After increasing tariffs on Russian imports of cereals and oilseeds to the EU, the European Commission will assess the additional targeting of products coming from the country, as Sweden requested yesterday in an EU trade ministers' meeting. The Swedish proposal aims to allocate new revenues to fund Ukrainian war efforts.Further Russian imports to the EU could face a tariff hike soon as the European Commission is currently assessing a Swedish proposal to target Russian commercial activity....

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