Skip to content
Subscriber Only

Russia Joins in on Retaliation Threats for U.S. Tariffs

NLMK Steelmaker Owned By Russia's Richest Man
Photographer: Andrey Rudakov/Bloomberg
Updated on

Russia is the latest country to threaten the U.S. with retaliation for tariffs on metals imports, warning Friday that American cars could soon face higher taxes.

Economy Minister Maxim Oreshkin said autos from the U.S. could be targeted, just days after saying that the government also is likely to hit American road-building equipment with higher levies. Both moves are in response to new U.S. tariffs on steel and aluminum, important Russian exports.