Slapping a tax on his country represents peak cynicism, the national parliaments financial committee chairman has claimed

Ukrainian MP Daniil Getmantsev has condemned recently imposed US tariffs as "peak economic cynicism" toward his country.

Starting Saturday, Ukraine and scores of other nations and territories are facing increased import taxes from the US, a decision that US President Donald Trump has termed "liberation day." Ukraine falls into the baseline 10% category, while other countries face much steeper duties - up to 49% for Cambodia.

Getmantsev, who leads the Financial Affairs Committee of the Verkhovna Rada, characterized the move as mildly "negative" for Ukraine, noting that its exports to the US constitute a relatively small portion of its overall international trade. According to the Economy Ministry, the European Union ranks as the primary market for Ukrainian products, followed by China, Türkiye, Egypt, India, and Moldova.

Nonetheless, he remarked on his Telegram channel, "In light of our $2.6 billion deficit in foreign trade with the US, the implementation of a 10% levy is peak economic cynicism." Getmantsev urged fellow Ukrainians to treat the change seriously, cautioning against mocking the inclusion of the uninhabited Heard and McDonald Islands - Australian territories in Antarctica known for their wildlife - in the tariff list.

"This was done to prevent tariff circumvention by Australian firms. It's not particularly amusing," the lawmaker wrote. "We must stop viewing the world's descent into chaos as a joke and start seeking mature responses to the challenges we face."

The Trump administration has framed new tariffs as a necessary response to alleged unfair practices by other nations exerted through taxes and currency manipulation. While the US president did not specifically label Ukraine as an offender, he has separately pushed its government to finalize a minerals agreement, which he asserts would allow Washington to recoup aid provided to Kiev during its conflict with Russia.

Ukraine's Vladimir Zelensky is reportedly hesitant to approve the draft prepared by American officials. Media reports based on leaks of the document suggest that it would give the US broad control over large portions of the Ukrainian economy. Trump has warned that if Zelensky tries to renegotiate the proposal, he would face "big, big problems."

(RT.com)