What are the specific tariff rates the U.S. Department of Commerce has imposed on Russian palladium, and what conditions must be met for them to take effect?

The U.S. Department of Commerce has issued a final countervailing duty of 109.1% and a final anti-dumping duty of 132.83% on imports of Russian palladium. These duties will only take effect if the independent International Trade Commission (ITC) determines that the U.S. industry has suffered material harm as a result of those imports.

Why did Sibanye-Stillwater and the United Steelworkers petition the U.S. government, and who is the dominant global supplier affected by this action?

Sibanye-Stillwater (based in Johannesburg) and the United Steelworkers union jointly petitioned Washington to impose duties on Russian palladium imports to ensure the long-term sustainability of U.S. supply. The primary target of these measures is Russia’s Nornickel, the world’s largest palladium producer with approximately a 40% market share.

US Moves Closer to Prohibitive Tariffs on Russian Palladium

May 21, 2026

The US Department of Commerce finalized countervailing duties of 109.1% on Russian palladium imports, pending an International Trade Commission ruling on industry harm. Sibanye-Stillwater petitioned for these measures to ensure U.S. supply sustainability amid market volatility.

reuters

2026-05-21

US Moves Closer to Prohibitive Tariffs on Russian Palladium

US Moves Closer to Prohibitive Tariffs on Russian Palladium

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