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

US Senate committee to hold hearing on Boeing...

April 12, 2024

Boehringer to lay off salespeople as Humira biosimilar...

April 5, 2024

North Korea sends 600 more trash balloons over...

June 2, 2024

EU provisionally OK’s law to cut packaging waste

March 5, 2024

WHO warns of falsified cough syrup ingredients seized...

April 16, 2024

European election: EU struggles to counter Russian disinformation

June 3, 2024

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

March 13, 2024

Sprawling queues for subsidized rice highlight plight of...

February 28, 2024

Chef Jose Andres says Israel targeted his food...

April 4, 2024

Biden and Japan’s Kishida forge new partnership, eyeing...

April 11, 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

    • FLASHBACK: Biden shrugs off Hur report when pressed by Peter Doocy: ‘I know what the hell I’m doing’

      May 17, 2025
    • New Hur interview tapes detailing Mongolia trip shed light on Hur’s ‘sympathetic’ characterization of Biden

      May 17, 2025
    • Biden fails to remember when son Beau died and Trump’s election year in leaked Hur interview audio

      May 17, 2025
    • Biden admits keeping classified Afghanistan document ‘for posterity’s sake’ in leaked audio

      May 17, 2025
    • Biden’s autopen use questioned amid released audio from Special Counsel Hur interview

      May 17, 2025
    • Biden repeatedly says ‘I don’t remember’ regarding classified documents in newly released Hur interview audio

      May 17, 2025

    Categories

    • Business (1,216)
    • Politics (5,581)
    • Stocks (904)
    • World News (455)
    • 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