Trump announces 25% tariff on India and unspecified penalties for buying Russian oil

https://apnews.com/article/trump-tariffs-russia-india-9e388a55583e7007149819c52f0fd71b

42 points · 4 comments · view on lemmy.world

4 Comments

tonytins@pawb.social · 10 pts · 1y (3 replies)

But never a tariff on Russia itself.

Successful_Try543@feddit.org · 9 pts · 1y (2 replies)

Is there still trade with russia except e.g. medical goods?

tal@lemmy.today · 10 pts · 1y

https://tradingeconomics.com/united-states/imports/russia

2021 imports from Russia: $30.8B

2022: $15.1B

2023: $4.9B

2024: $3.7B

The largest 2024 import appears to be fertilizer.

For exports to Russia:

2021: $6.39B

2022: $1.72B

2023: $0.597B

2024: $0.526B

The largest export appears to be "optical, photo, technical, medical apparatus".

So, yes, there's still trade, though it's greatly reduced from 2021.

socialsecurity@piefed.social · 5 pts · 1y

Minor. Maybe a few B total.

Hitting India is good move. But also US would need to impose costs on china to send a proper message.