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The U.S. Tariff Shock: Russia Left Off the List In a move that has sent shockwaves through the global financial and geopolitical landscape, the United States has announced a new wave of tariffs—but with one glaring omission. While major economies like China, the UK, Japan, and even war-torn Ukraine are now facing fresh trade restrictions, Russia has somehow escaped the hammer. For investors, key opinion leaders (KOLs), and political analysts, this decision is raising more questions than answers.