President Trump said the U.S. would impose 100 percent secondary tariffs on countries that trade with Russia if Moscow does not agree to a ceasefire in Ukraine in the next 50 days.
President Trump said the U.S. would impose 100 percent secondary tariffs on countries that trade with Russia if Moscow does not agree to a ceasefire in Ukraine in the next 50 days.
There is almost no Russia trade, so this is meaningless bullshit.
Not sure where you got that from. China, Iran and frankly most of the world is still trading with Russia. Either openly or varying degrees of hidden. Otherwise Russia would have collapsed a long time ago.
I was referring to US trade with Russia, which would be the trade subject to US tariffs, which is what this thread is about.
US exports to Russia in 2024: about $500M. Imports from Russia (which would be impacted by the tariffs): around $3 Bn. In nation-state terms, that’s back-of-the-sofa money.
By comparison, US imports from the EU that same year were a little over $600 Bn.