Russia supplies 25% of the EU’s nitrogen fertilisers, worth €1.3 billion each year, but from 1 July these will be subject to tariffs ranging from 6.5% this year to levels close to 100% by 2028. The tariffs will apply to products from Russia and its neighbouring ally Belarus, which has facilitated military action against Ukraine. In addition, 50% tariffs will be imposed on agri-food products from both countries, such as meat, dairy, fruit and vegetables.
"There is a strong moral and strategic justification. Russia imposes a 23.5% export tax on fertilisers, which means that by buying these products, the EU is indirectly financing the war in Ukraine," said Euronews reporter Gerardo Fortuna, who's covered the topic.
