Summary

Russia has imposed a 55.65% tariff on Chinese furniture sliding rail parts, previously exempt from duties, angering both Russian manufacturers and Chinese commentators.

Industry leaders warn the tariff could bankrupt importers, raise domestic furniture prices by 15%, and harm Russia’s furniture industry, which relies heavily on Chinese imports.

Critics note similar European imports face lower duties.

The move has sparked feelings of betrayal in China, despite booming bilateral trade reaching $240 billion in 2023.

The tariff comes amid U.S. sanctions and China’s critical role in supporting Russia’s economy during the Ukraine war.

  • blackn1ght@feddit.uk
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    12 days ago

    55.65% tariff on Chinese furniture sliding rail parts

    This is oddly specific, both the value and the items…

    • Aqarius@lemmy.world
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      12 days ago

      It almost sounds like a message from one of those cold war counting stations. “…55-65-% sign-tarif increase-chinese furniture-sliding rail…”