ASTANA, Kazakhstan, April 29. On April 9, the U.S. announced a 90-day delay in imposing the increased tariffs, and the government of Kazakhstan began consultations with the U.S. to prevent the tariffs from hitting Kazakhstan, said Serik Ashitov, Deputy Director of the Department of Foreign Trade Activities of the Kazakh Ministry of Trade and Integration, Trend reports.
He also noted that the U.S. measures affect only 4.8 percent of
Kazakhstan's exports to America. According to him, key export goods
of Kazakhstan, such as oil, uranium, silver, and ferroalloys, which
account for about 90 percent of Kazakhstan's exports to the U.S.,
are not subject to these changes.
"Currently, there are no grounds to believe that the introduction
of these measures will significantly impact Kazakhstan's exports.
However, the Government and the Ministry of Trade and Integration
will continue to work with American colleagues to minimize the
consequences of such unilateral decisions," said Serik Ashitov.
He added that the issue will be discussed on international trade
platforms, such as the World Trade Organization, to minimize
potential consequences.
On April 2, US President Donald Trump announced the introduction of duties on foreign goods. For Kazakhstan, the base tariff amounted to 27 percent.