EU Plans Tariffs on Agricultural Products From Russia, Belarus

A worker walks towards a large pile of phosphate fertilizer inside a building at a fertilizer plant in Cherepovets, Russia.

Photographer: Bloomberg
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The European Union proposed imposing tariffs on the remaining agricultural products coming from Russia and Belarus that aren’t already facing duties, as well as some nitrogen-based fertilizers.

Several member states have been pushing for measures to further restrict Russia’s revenues and reduce the EU’s reliance on Moscow. But there had been some concern about targeting the remaining agricultural products because of the potential effect on European food prices.