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BombOmOm@lemmy.world to Ukraine@sopuli.xyzEnglish · 2 days ago

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

apnews.com

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

apnews.com

BombOmOm@lemmy.world to Ukraine@sopuli.xyzEnglish · 2 days ago
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  • cross-posted to:
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  • ukrainianconflict@lemmit.online
President Donald Trump says the United States and India are still negotiating on trade despite new tariffs slated to begin in a few days.
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  • Tony Bark@pawb.social
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    2 days ago

    But never a tariff on Russia itself.

    • Successful_Try543@feddit.org
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      2 days ago

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

      • tal@lemmy.today
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        2 days ago

        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
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        2 days ago

        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.

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