4 ms·
During a world war, you cannot trade with your international “enemies.” This level of tariffs is to discourage international dependency and trade as a prelude
by pyk 1y ago
During a world war, you cannot trade with your international “enemies.”
This level of tariffs is to discourage international dependency and trade as a prelude to war. Look who does not have a tariff.
This is not good policy - leading economists have written about this [1] as “…perhaps the worst economic own goal I have seen in my lifetime.”
[1] https://www.thefp.com/p/tyler-cowen-liberation-day-was-even https://www.thefp.com/p/tyler-cowen-liberation-day-was-even
- glial 1y agoThis is both the most rational and most depressing take I have seen yet.
- askvictor 1y agoAs I understand it, there is a trade embargo on Russia, so there's no trade to put a tariff on.
- gbear605 1y agoYou’d be wrong. The US imported 3.5 billion dollars of goods from Russia in 2024, and exported 500 million dollars of goods. https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia https://ustr.gov/countries-regions/europe-middle-east/russia...
- disambiguation 1y agoAnd recent trade data for context. In 2018, U.S. goods imports from Russia totaled $20.9 billion, up 22.4 percent ($3.8 billion) from 2017, but down 22.1 percent from ten years ago.
- unrealhoang 1y agoThere is, and it’s much more than an unknown penguin island.
- deleted 1y ago[deleted]
- onlypassingthru 1y agoI've seen some recently manufactured Russian plywood for sale in the US that would disprove that claim.