4 ms·
Funny how Russia is absent from the list
by thiht 2y ago
Funny how Russia is absent from the list
- pembrook 2y agoCurrent US sanctions on Russia make trade a moot point, that’s why.
- nicce 2y agoThere is still more trade with Russia than many countries in the list. Even Syria and Iran got tariffs.
- tashbarg 2y agoTotal trade with Russia in 2024: $3.5bn Total trade with Ukraine in 2024: $2.9bn https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia https://ustr.gov/countries-regions/europe-middle-east/russia... So, Ukraine will get an exemption, too, right? Because their trade is even a mooter point, right? Right?!
- pembrook 2y agoThis is down from $23B in 2019, and is basically just fertilizer and minerals used to make fertilizer. Fertilizer is not sanctioned due to the fact it’s needed for food security in the EU (surprise suprise, the EU is not just insecure domestically in terms of military and energy and technology, but also in terms of fertilizers needed to grow food, fantastic governance they have over there…leaving potash mining or nat gas extraction to other countries does look good for those domestic net zero calculations though!).
- tashbarg 2y agoThis reply makes the mootest point of all the moot points.
- Towaway69 2y agoEU peace is assured by inter-locking trade within the block. Countries within the EU are gently encouraged to trade essential goods with one another instead of producing them themselves. This policy dates back to the end of WW2 as an attempt to prevent one country getting too aggressive and hence starting another war. Since the fall of the wall, Russia was seen as a legitimate trading partner for the block and, in the long term (just as Türkiye), as member of the block. Hence sourcing fertiliser from Russia was taken to be a strategic positive since it tired Russia to Europe.
- kolanos 2y ago> Hence sourcing fertiliser from Russia was taken to be a strategic positive since it tired Russia to Europe. And you still defend this as a strategic positive?
- Towaway69 2y agoI think we should be aware of history, that does not imply acceptance nor agreement. Instead had I said this ten years ago, the majority of politicians in the EU would have been d’accord. What does that imply about our political systems? There have been a bunch of alliances in Europe over the centuries, none have been permanent.
- poincaredisk 2y agoIt was a rational and logical thing to do, assuming Russia wants prosperity. Sadly, it turns out people with power in Russia don't really care about that for regular people. So... I think it was a good thing after all. It could've worked out, and bring us peace. A moonshot with great payoff but some chance of failing is often a risk worth taking, HN should know that :)
- DanielVZ 2y agoI don’t see Ukraine on the list at least. But I do see this as a win for Russia in the destabilization of the Western economy.
- StormChaser_5 2y agoIt's on the list. They have to pay 10%
- DanielVZ 2y agoI stand corrected
- RealityVoid 2y agoDidn't seem to be an issue for the penguin islands.
- im_down_w_otp 2y agoThey tariffed uninhabited land, countries that export nothing to the US, and countries for which the US has a trade surplus. All those circumstances also would have made the point moot... yet they all still made the list.
- overfeed 2y agoThe administration placed tariffs on uninhabited islands. I don't think they gave a rat's patootie about the volume of trade.
- taspeotis 2y agoThey’re sanctioned up the wazoo > U.S. total goods trade with Russia were an estimated $3.5 billion in 2024. Among European Union members: > The total bilateral trade in goods reached €851 billion in 2023.
- bamboozled 2y agoConsidering Russia has been disobeying orders and Australia and Japan have done almost nothing to the USA, then why not give it to them a bit harder?
- thiht 2y agoSo? Let’s not give it too hard to poor Russia?
- Extasia785 2y agoUkraine has around $1.2 billion and still got 10% tariffs.
- christianqchung 2y agoThat makes no difference to who should get tariffs by the administration's own logic. They're cozying up to Russia. No other explanation is feasible.
- macinjosh 2y agoI can think of at least a dozen reasons but I'll give you one: We are in delicate peace negotiations with Russia _right_ now. There is good reason to isolate all foreign policy decisions with that country to those negotiations. It is called doing more than one thing at a time.
- SpicyLemonZest 2y agoUkraine is party to those same delicate peace negotiations. Why weren't they excluded, if this is the reason why?
- 2y ago
- Zanfa 2y agoAt this point, Trump could hoist the russian flag at the white house and republicans would still turn a blind eye.
- dev_daftly 2y ago[flagged]
- TomK32 2y agoBesides the sanctions, the G7+EU hold something around 300 billion $ of funds so far owned by the Ruzzian central bank. Not enough to rebuild Ukraine, but it will be a decent start. https://en.wikipedia.org/wiki/Confiscation_of_Russian_central_bank_funds https://en.wikipedia.org/wiki/Confiscation_of_Russian_centra...
- dumbledoren 2y agoStealing the assets of countries like Venezuela and Russia caused this to happen by making the rest of the world move off of the dollar to secure their asses. Doing more of them is the dumbest idea that can be proposed.
- TomK32 2y agoStealing? Don't start a war against neighbours or other neighbours might get angry. I don't see much movement into other currencies, just the usual fluctuation: https://en.wikipedia.org/wiki/Reserve_currency#Global_currency_reserves https://en.wikipedia.org/wiki/Reserve_currency#Global_curren... "Other currencies" gained two percent point, I guess that's the Rupees the Ruzzians sold their oil for.
- dumbledoren 2y ago> Don't start a war against neighbours or other neighbours might get angry Those other neighbors themselves invaded many countries. They stole the money of other countries. Like Venezuela. They never had their assets stolen. Apparently, they subscribed to none of the moral values and ethics they have been advocating. So that argument doesn't count. Those are currency reserves. Not the changes in the usage of currencies in international trade. But hey, don't let me disturb the comfortable numbness...