EU proposes tariffs on Russian and Belarusian agricultural goods to boost food security and hit Russia's economy.

The European Commission proposes new tariffs on agricultural products and nitrogen-based fertilizers from Russia and Belarus to enhance EU food security and weaken Russia's war economy. The tariffs will apply to 15% of Russian agricultural imports not previously taxed and will require approval from the European Parliament and EU member states. This move aims to reduce the EU's dependence on these countries and support local fertilizer production, with safeguards to prevent price spikes for EU farmers.

2 months ago
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