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THE US is preparing to slap a 200 per cent tariff on Russian-made aluminium as soon as this week to keep pressure on Moscow as the one-year anniversary of the invasion of Ukraine nears, according to people familiar with the situation.
The move, which has been contemplated for months, is also aimed at Russia, the world’s second-largest aluminium producer, because Moscow has been dumping supplies on the US market and harming American companies. The timing of the decision could slip past this week, one of the people said.