Trump has imposed a $1.3 billion tariff on imports of agricultural chemicals, fertilizers, and other agricultural products from Russia.
The order, which takes effect today, will apply to all of the countries Trump announced tariffs on Wednesday.
Trump’s order, titled “Actions to Target Importers of Essential Chemicals and Feedstocks from Russia,” was a major economic development move in the Trump administration.
It came in response to the imposition of punitive tariffs on Russian agricultural goods and agricultural products.
The orders will impose additional tariffs on all Russian agricultural products including the food products, livestock products, and fertilizers.
The tariffs will be effective on March 15, 2018, as scheduled.
Trump ordered the tariffs in order to help ease pressure on Russian agriculture.
Russia’s agricultural production declined by 4 percent in 2017, and by 2.8 percent in 2016, according to the U.S. Geological Survey.
The Trump administration has also imposed tariffs on other Russian products including agricultural machinery, equipment, and machinery parts.
Russia is a member of the Group of Seven industrialized nations and is a major supplier of agricultural goods to the United States.