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šØ Major Update: š·šŗšŗšø #Russia #Exempt from Latest U.S. Tariff Impositions š„
In a surprising move, Russia has been excluded from the latest round of tariffs introduced by the United States. While nations like China, the UK, Japan, and even Ukraine are facing new trade restrictions, Russia was notably left out. So, why the exception? š¤
According to the White House, there is virtually no significant trade between the U.S. and Russia, largely due to the existing sanctions. The value of trade between the two countries has dramatically dropped from $35 billion in 2021 to a mere $3.5 billion in 2024! š
As a result, the U.S. government has decided not to impose tariffs on Russian goods, seeing little benefit in taxing products that are barely being exchanged. Cuba, Belarus, and North Korea have also been excluded from this round of tariffs for the same reason.
In contrast, other countries are feeling the heat as new tariffs have been applied: 10% on Ukrainian exports, 27% on goods from Kazakhstan, and 31% on Moldovan imports. The U.S. claims these measures are designed to protect American jobs and industries.
š¬ Whatās your take on this? Is this a calculated strategy, or is there more politics at play here? Share your thoughts below! š¤
#Russia #USTradePolicy #TariffUpdate
In a surprising move, Russia has been excluded from the latest round of tariffs introduced by the United States. While nations like China, the UK, Japan, and even Ukraine are facing new trade restrictions, Russia was notably left out. So, why the exception? š¤
According to the White House, there is virtually no significant trade between the U.S. and Russia, largely due to the existing sanctions. The value of trade between the two countries has dramatically dropped from $35 billion in 2021 to a mere $3.5 billion in 2024! š
As a result, the U.S. government has decided not to impose tariffs on Russian goods, seeing little benefit in taxing products that are barely being exchanged. Cuba, Belarus, and North Korea have also been excluded from this round of tariffs for the same reason.
In contrast, other countries are feeling the heat as new tariffs have been applied: 10% on Ukrainian exports, 27% on goods from Kazakhstan, and 31% on Moldovan imports. The U.S. claims these measures are designed to protect American jobs and industries.
š¬ Whatās your take on this? Is this a calculated strategy, or is there more politics at play here? Share your thoughts below! š¤
#Russia #USTradePolicy #TariffUpdate
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