News

The EU Commission put so much duty on Russian grain

Published Mar 20, 2024

Tridge summary

Polish farmers are escalating their blockade of border crossings, including the crucial A2 highway between Poland and Germany, in protest against perceived underutilization of infrastructure and low transit goods. In response, the EU Commission is set to impose tariffs of €95/ton on grain from Russia and Belarus, which will raise the price of Russian wheat by 50%, effectively wiping out its demand within the EU. Similar duties are being placed on oilseeds and their by-products.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Polish farmers are widening the blockade of border crossings every day. Not only are they controlling the entire eastern border, but on March 17 they also appeared on the key A2 highway connecting Poland and Germany with their tractors and closed traffic in both directions. "The western border will remain closed until the eastern border is actually closed," reads the message of the organizers of the demonstration. Meanwhile, Ukraine is proving that it is not Russia that is the culprit, but Russia. In January-February 2024, only half a million tons of crops flowed through Poland, and only 23,000 tons of soy ended up with Polish recipients. Transit goods are so scarce that Polish ports handle only 100,000 tons of them per month, which is 10 percent of the terminals' capacity. The problem is rather the underutilization of the infrastructure, not grain dumping, the analysts point out. Subject to maximum duty The decision-makers in Brussels, however, are beginning to see: farmers must ...
Source: MezoHir
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.