According to documents released by the United States, starting from July 27, the United States will impose 35% tariffs on 570 goods imported from Russia, including minerals, chemicals, plastics, rubber, wood and paper, in order to expand economic and trade restrictions on Russia's exports.
Other countries such as Canada, New Zealand and the UK are understood to have imposed similar tariffs on Russian imports. Since the Russia-Ukraine incident broke out at the end of February, Russia's exports of wood and wood products began to show a downward trend and continued until the second quarter of this year. In the first half of this year, trade between the U.S. and Russia was down nearly 90 percent from a year earlier, according to the White House.