Trump returned duty free regime for goods from Ukraine
US President Donald Trump has restored duty-free treatment for some Ukrainian goods. He made this decision, because, according to him, Ukraine has made progress in protecting intellectual property rights. Writes about this DW.
On Friday, October 25, the head of the White House resumed duty-free operation in respect of certain goods from Ukraine. As said in Trump statement, this decision was made due to the fact that Ukraine "has made progress in ensuring adequate and effective protection of intellectual property rights." The presidential decree will enter into force five days after its promulgation.
Trump recalled that in December 2017, he suspended trade preferences for a number of goods from Ukrainesince the country has not sufficiently respected the protection of intellectual rights.
In the office of the US Trade Representative, they noted that the abolition of duties would affect goods whose deliveries before the introduction of the relevant restrictions in 2017 amounted to about a third of the amount of duty-free Ukrainian exports to the United States totaling $ 36 million. For which types of products there will be a preferential trade regime, Trump’s statement does not say.
At the same time, the US president said that he was suspending duty-free treatment for some goods from Thailand, since the country was not taking steps to protect the rights of workers in accordance with international standards. For the same reason, the United States may also suspend the preferential regime of trade with Azerbaijan.
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