Politics

Ukraine downplays US tariffs but warns of indirect economic risks

Deputy Prime Minister of Ukraine Minister of Economic Development and Trade Yulia Svyrydenko
"The U.S. universal duty will hit mainly small producers," said Ukraine’s Economy Minister Yulia Svyrydenk. Photo by Ihor Kuznietsov/Novyny via Getty Images

Ukraine faces a 10% tariff, while Russia was excluded from the new trade measures.