Kazakhstan not considering retaliatory tariffs on U.S. goods - Ministry of TradeKazakhstan is not currently planning to raise tariffs on goods in response to U.S. trade measures, Deputy Minister of Trade and Integration Zhanel Kushukova said."The tariffs announced by the U.S. affect just under 5% of our exports to the United States, with the rest remaining unaffected. The 5% subject to tariffs face a 10% duty. While the $92 million impact is significant, the majority of exports remain unaffected. At this time, there are no plans to increase tariffs," Kushukova told reporters in the Senate corridors.U.S. President Donald Trump recently announced retaliatory tariffs of 27% on several trade partners, including Kazakhstan. However, on April 9, the U.S. suspended the measure for 90 days for more than 75 countries that sought dialogue. During this period, affected nations must pay a minimum 10% tariff. Kazakhstan welcomed the moratorium.The Kazakh government also plans to hold consultations with U.S. officials to discuss avoiding additional tariffs.According to the Trade Ministry, the U.S. tariffs will impact only 4.8% of Kazakhstan’s total exports to the U.S., primarily affecting oil, uranium, silver, ferroalloys and some other goods. These categories, making up 92% of exports, are exempt under Trump’s decree on adjusting tariffs to address trade imbalances.Additional tariffs are expected to apply to specific groups of goods, with exports totaling $95.2 million in 2024. These include phosphorus ($15.9 million), ferrosilicon ($12.7 million), lenses ($4.1 million), wheat gluten ($4 million), and ammonium nitrate ($2.4 million).According to the ministry's information, in 2024, trade turnover between Kazakhstan and the United States increased by 4% to $4.2 billion, with Kazakhstan's exports to the United States rising by 30.6% to $2 billion. US imports to Kazakhstan amounted to $2.2 billion. (ICE ALMATY)

Fonte notizia: INTERFAX