The reclassification of one category of products will make life difficult for Russia's furniture industry.

Summary

Russia has imposed a 55.65% tariff on Chinese furniture sliding rail parts, previously exempt from duties, angering both Russian manufacturers and Chinese commentators.

Industry leaders warn the tariff could bankrupt importers, raise domestic furniture prices by 15%, and harm Russia’s furniture industry, which relies heavily on Chinese imports.

Critics note similar European imports face lower duties.

The move has sparked feelings of betrayal in China, despite booming bilateral trade reaching $240 billion in 2023.

The tariff comes amid U.S. sanctions and China’s critical role in supporting Russia’s economy during the Ukraine war.

  • ubergeekEnglish
    61·
    2 days ago

    Not even… N Korea has been a puppet of China for a while. China will cut Russia off from them too.

    • 52fighters@lemmy.sdf.orgEnglish
      52·
      2 days ago

      North Korea uses Russia and China to balance each other out so to prevent becoming entirely the puppet of either.

        • Skiluros@sh.itjust.worksEnglish
          71·
          2 days ago

          I do believe this is true to some degree.

          NK may be more fundamentally more aligned with China, but I do think NK at least tries to play them against each.