Insiders Advisor
  • Stocks
  • World News
  • Business
  • Politics
  • Stocks
  • World News
  • Business
  • Politics

Insiders Advisor

World News

EU to impose tariffs on Russian grain imports, FT reports

by March 19, 2024
March 19, 2024
EU to impose tariffs on Russian grain imports, FT reports

The European Union is preparing to levy tariffs on grain imports from Russia and Belarus to placate farmers and some member states, the Financial Times reported on Tuesday citing people familiar with the plans.

The European Commission is in coming days expected to impose a duty of 95 euros ($103.26) per tonne on cereals from Russia and Belarus, FT said, adding that tariffs of 50% would also be placed on oil seeds and derived products.

The reported move comes as farmers across the European Union call for changes to restrictions placed on them by the bloc’s Green Deal plan to tackle climate change, and for the re-imposition of customs duties on imports of agricultural products from Ukraine that were waived after Russia’s invasion in 2022.

Farmers from neighboring Poland, Hungary and Slovakia, all of which are members of the EU, say the move undercut their prices. Ukraine is not part of the 27-member EU.

Like much of Europe, Poland has also been gripped by protests in recent weeks as farmers demonstrate against EU environmental regulations.

Polish Prime Minister Donald Tusk has also called for an EU ban on imports of Russian and Belarusian agricultural products. – Reuters

previous post
How Would YOU Rank the Magnificent 7 Stocks?
next post
Indonesia fishing village grapples with piles of trash brought in by tides

Related Posts

China to improve childbirth policies, boost support for...

March 5, 2024

‘Staunch’ friend of Taiwan’s to become top US...

April 4, 2024

South Korea to suspend military agreement with North...

June 3, 2024

UK PM Sunak says West should be bolder...

February 25, 2024

Trump, Biden dominate Super Tuesday contests

March 6, 2024

Vietnam legislature approves resignation of president

March 21, 2024

Putin warns the West: Russia is ready for...

March 13, 2024

Biden, Xi call navigates Philippines and Taiwan tensions

April 3, 2024

Zelensky dominates conference as China, Taiwan trade barbs

June 2, 2024

Journalists used AI to trace German far-left militant...

February 29, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Latest News

    • Trump’s achievements embolden him to be even more aggressive

      July 1, 2025
    • Republicans scrap deal in ‘big, beautiful bill’ to lower restrictions on states’ AI regulations

      July 1, 2025
    • Trump warns of ‘whopping 68% tax increase’ if Senate fails to pass historic bill

      July 1, 2025
    • Home Depot is buying GMS for about $4.3 billion as it chases more home pros

      July 1, 2025
    • Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

      June 30, 2025
    • Trump signs order lifting sanctions on Syria

      June 30, 2025

    Categories

    • Business (1,287)
    • Politics (6,219)
    • Stocks (904)
    • World News (460)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: insidersadvisor.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 insidersadvisor.com | All Rights Reserved