The UK government has added a 35% additional import tariff on Russian and Belarusian wood products. The Government has acted to deny access to the Most Favoured Nation tariff for hundreds of the two nations’ exports, depriving them key benefits of WTO membership. The initial list of goods impacted, which came into force on March 25, is worth £900m. Timber Development UK (TDUK) clarified to its members that the new tariff regime will impact all wood products currently paying duty such as ...
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