US Backs Preliminary Levies of 133% on Russian Palladium Imports
Market Intelligence Analysis
AI-PoweredThe US Commerce Department has proposed a preliminary levy of 133% on Russian palladium imports, which could significantly impact Russia's palladium exports and potentially lead to higher prices for the precious metal.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
The US Commerce Department issued preliminary support for a miner’s petition to impose anti-dumping duties on imports of Russian palladium — with a rate of almost 133% — ahead of a final decision later this year.
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