US Plans 200% Tariff on Russian Aluminum

The video discusses the US administration's consideration of imposing a 200% tariff on Russian aluminum, which would effectively ban it due to high costs. The US imports about 10% of its aluminum from Russia. The decision has been under deliberation for months, with concerns about market reactions similar to those in 2018 when sanctions were placed on Oleg Deripaska, a major stakeholder in RUSAL. The administration aims to avoid past market chaos while addressing current geopolitical tensions.

What percentage of total US aluminum imports traditionally comes from Russia?

• 5%

• 10%

• 15%

• 20%

Who reported the story about the US administration's deliberation on the tariff?

• Anne Marie

• Jonathan

• Jenny Leonard

• Oleg Therapy

What was a significant concern for the US administration regarding the tariff decision?

• Impact on US-Russia relations

• Political backlash

• Potential market chaos

• Increase in aluminum prices

Who is Oleg Therapy in relation to the Russian aluminum industry?

• A journalist

• The main shareholder of a major company

• A Russian politician

• A US government official

What was the market's reaction to the 2018 sanctions on Russian entities?

• Indifference

• Positive growth

• Chaos

• Stability