Is … Is the US trading with Russia?
Edit: pretty much no. Dumb rage bait article
Double edit: fuck you, lemmy
https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia
U.S. total goods trade with Russia were an estimated $3.5 billion in 2024. U.S. goods exports to Russia in 2024 were $526.1 million, down 12.3 percent ($73.5 million) from 2023. U.S. goods imports from Russia totaled $3.0 billion in 2024, down 34.2 percent ($1.6 billion) from 2023. The U.S. goods trade deficit with Russia was $2.5 billion in 2024, a 37.5 percent decrease ($1.5 billion) over 2023.
Yes they are. It is common knowledge. That is why people are still pushing for more sanctions and trade restrictions.
**United States Imports from Russia was US$3.27 Billion during 2024, according to the United Nations COMTRADE database on international trade. **
3 billion is nothing.
I wonder how much the EU imports.
Russia never traded much with US. So it’s business as usual.
3 billion is nothing.
Cool, can I borrow $3 billion?
Trump put tariffs on uninhibited islands, which is literally $0 in trade.
If you are a country with a GDP that is 1000 or 10000 times higher it will not be a problem.
Again, Trump put tariffs on uninhabited Islands.
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So the source is your reddit comment linking to a statement from a “Whitehouse official”. I do not trust anyone representing Donald trump.
Edit:I don’t know why it looked like reddit to me
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https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia
U.S. total goods trade with Russia were an estimated $3.5 billion in 2024. U.S. goods exports to Russia in 2024 were $526.1 million, down 12.3 percent ($73.5 million) from 2023. U.S. goods imports from Russia totaled $3.0 billion in 2024, down 34.2 percent ($1.6 billion) from 2023. The U.S. goods trade deficit with Russia was $2.5 billion in 2024, a 37.5 percent decrease ($1.5 billion) over 2023.
True, but given that Trump has put tariffs on uninhabited islands in the Arctic (I believe), it’s still an interesting point to make.
Edit: spelling.
Fairly sure that’s because Russia is heavily sanctioned by thr US already, alongside North Korea, Cuba, Iran etc.
Things are bad but let’s not spread hysteria.
How does this point keep coming up? It’s been refuted like a dozen times in every post I see. Feels like intentional disinfo at this point.
You can believe what you like but I’m not here to spread disinformation. Looking at the replies from other people I think I’m just misinformed and need to do more research. It’s possible to be wrong on the internet without it being tied up in a conspiracy.
Right, but the number of people spreading the same wrong thing in multiple threads hours after they were openly provided direct info as to their error, starts to make it seem like a coordinated disinfo campaign.
Yes, it is possible to be wrong on the internet without a malicious intent. It’s also possible to spread disinfo without being a malicious actor, since the whole point of disinfo is to get other people to take it up and spread it, occluding the real issue and disrupting genuine conversation about it.
For clarity, I am not accusing you of being a malicious or disingenuous actor here. No offense, but I doubt you arrived at your position in a vacuum, you probably heard it from somewhere else first I imagine?
It’s a logical conclusion from quack, imo. It’s the second thing that came to my mind after the obvious ‘oh duh cause he’s Russias agent’
don’t read the news because it might get weird for you
Yeah, it’s hard to put a tariff on a country that you have already sanctioned and don’t trade with at all. But that fact doesn’t play well here.
The US has 3.5 billion in trade with Russia. The tariffs include Iran; Venezuela, etc… they also slapped them on countries which we have a trade surplus with.
It’s also looking like they used chatgpt to write the list but then specifically omitted five countries. Russia, north korea, Cuba, Belarus. Russia and its fine closest allies. How can anyone see this and not think the Kremlin does t own the Epstein tapes
they released the JFK tapes! several times!
honestly i remain skeptical any “kompromat” on trump exists. or any Epstein documents remain that matter. we’ve all seen it
I was skeptical up until the tariffs. Now it’s obvious they’ve got blackmail.
Alao an interview with epstein was leaked last year where he mentioned trump having sex on his plane. But in 2017 that clip was suppressed for some reason.
We know trump flew on that plane many times and that it was rigged with secret cameras
I doubt it’s a blackmail thing, because at this point, not one of Trump’s supporters would give a damn if it was clearly proven that Trump personally took CP pictures.
I think Putin just whispers sweet nothings into Trump’s ear and controls him that way.
A large part of their movement is based on aesthetics. And csam is probably a bridge too far for them. It just looks ugly. But I have no doubt many of them don’t care about that either.
But from the blackmail angle, the public image of a sick pedo is not compatible with the orange man’s public facing persona and his narcissism would make him the perfect blackmail target
i wouldn’t say trump wasn’t a super gross Epstein buddy, we already know that.
“rigged with secret cameras”, so what. where is it now.
edit I know nothing is forthcoming. there’s nothing. stop fabricating and focus on what’s happening, because it’s already terrifying
There’s nothing that explains what orange man is doing better than blackmail.
In terms of nations, I really have no idea what 3.5 billion means. Like is that a lot? I feel like we probably trade that much with China in like what, a week? A month, a day?
He tariffed countries with no people and trade deficits of thousands of dollars, and tariffed Ukraine.
That was also the official argument from Karoline Leavitt, spokesperson of the White House, although last years trading volume between Russia and the US still was about 3.5 billion USD (roughly three times of what Ukraine - US traded).
The question whether tariffs for Russia makes sense or not is rendered meaningless given the fact that the whole tariff plan is just wild (super small countries with a mimiscule part of trading volume still got heavily sanctioned etc).
You are right that we should not spread hysteria, but we should still question statements coming from government officials.
Agree with what you’re saying here and I think I need to do some more reading. Getting the impression that I’ve been misinformed/mislead.
That is less than sending 19 billion to Israel for free
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https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia
U.S. total goods trade with Russia were an estimated $3.5 billion in 2024. U.S. goods exports to Russia in 2024 were $526.1 million, down 12.3 percent ($73.5 million) from 2023. U.S. goods imports from Russia totaled $3.0 billion in 2024, down 34.2 percent ($1.6 billion) from 2023. The U.S. goods trade deficit with Russia was $2.5 billion in 2024, a 37.5 percent decrease ($1.5 billion) over 2023.
Yeah if I were being charitable I might imagine they aren’t on the list because they are already subject to extremely high tarrifs and embargoes. Maybe increased those tarrifs could be a bargaining chip in ending the Ukraine invasion. Impossible to tell with Trump though.
Uh? Of course he isn’t. Why would Putin tell him to put tariffs on himself? That makes no sense.
The US has been sanctioning Russia for the better part of the last decade. We aren’t tariffing them because we aren’t trading with them.
We also aren’t tariffing Venezuela, Cuba, or North Korea, for the same reasons.
Surely American trades some products? Where does Russian vodka come from?
https://www.statista.com/statistics/1306859/us-imports-by-commodity-from-russia/
It does look like we import about $3B/year. Mostly fertilizers, which make up 1/3 of total imports, and some raw metals and a bit of heavy machinery. But that’s minuscule beside our trade balances with the top of his tariff list - China, the EU, Vietnam, Taiwan, Japan, and India. We do $20B/year with tiny little South Korea, as a point of comparison. We bring in $6B/year from South Africa.
To my knowledge, we don’t import Russian vodka in any significant quantity. Anything “Russian” branded is typically imported from one of the neighboring states - Ukraine, Belarus, Poland, Romania. Red Army Vodka, for instance, is from a Polish company.
He slapped a 50% tarrif on Lesotho, so it’s clearly not about size or impact.
And the UK got a 10% tariff applied even though the US doesn’t have a goods trade deficit with them.
Some people are saying that this is cause Trump likes us.
Now that is a lie. He only likes himself and Ivanka.
I know. It’s insane.
I was under the impression that we (in Canada) get our vodka mostly from Finland, but it’s been a while since I worked as an alcohol purveyor… I’m ashamed of the things I did during those years, but I’m in recovery now, thank you for your concern
idaho i think
Maybe, but apparently we’re tariffing multiple uninhabited islands. It would seem that active trade is not a perquisite for tariffs these days. can’t be having people move out there and not getting tariffed in the future.
I hope he puts tariffs on Mars next. Maybe after he falls out with musk.
Man the Sentinelese are gonna be pissed when they learn about this.
They are eating the dogs and now they are tariffing the penguins.
But McDonald island is ripping the USA off!!!
But tarrif on seals in the Antarctica region? Doesn’t seem like logic is driving any of this.
it’s funny that this is being downvoted. lemmy is basically reddit. rooting for the good guys, but also dogshit stupid
Systems that have voting mechanisms result in hive minds. It’s an inevitable result.
1st someone is much more likely to vote something up or down depending on how positive / negative it is. So it snowballs sort of like compounding interest
2nd the simplest most common denominator takes bubble to the top. Precisely because more people can understand and therefore vote.
It’s why you’ll always see some screenshot of Twitter much higher than a long in depth article. Even though the article has infinitely more value.
Damn you sound very smart, please tell me more
Downvoted because it’s wrong : We aren’t tariffing them because we aren’t trading with them.
So are some inhabited islands which are hit by tariffs. Maybe the dogshit stupid is the one not seeing the ties between trump and putin.
I try to keep a sense of perspective, every president I disagree with seems to be the worst president ever at the time.
I really want to say Bush’s useless Trillion dollar wars are worse than this.
But it’s close and we have 3.5 more years of this.
*3.8
I really want to say Bush’s useless Trillion dollar wars are worse than this.
I would say Bush’s bailout of the O&G sector in '01 and the Financial Sector in '08 laid the seeds for worse social and ecological conditions over the subsequent two decades. Similarly, NAFTA and the subsequent midwestern de-industrialization was nightmarish for US industry and Mexican agriculture.
These blunders set us up to need international trade. What’s crazy about Trump’s tariffs is that he’s not addressing the underlying infrastructure problems or the crushing post-Great Recession debt traps. He’s just squeezing at the point of the supply chain in order to punish American industry and labor for adapting to the sabotaged economic landscape of the neoliberal era.
It is the economic equivalent of kicking a guy in the kidneys after he’s already been laid out on the ground.
Obama was pretty decent no? He managed to at least speak normally.
As much as I despise Obama for vastly expanding our extrajudicial drone strike policy… All things put into perspective, yeah he was pretty decent.
yeah. rip abdulrahman alawaki though
That’s an absurdly low bar.
Yes but look at the people who becomes US presidents. The bar needs to be low or none of them can reach it.
I was fine with like 80% of Obama and like 60% of Clinton’s actual policies while enjoying the economy that I don’t credit him for. But then W Bush was like a 10% and Trump 1 maybe 15% (Warp Speed, passing the vast majority of Covid stimulus, ironically all the stuff he’s against now) and I’m batting zero so far on Trump 2 but I assume at some point he’ll do something I agree with.
The only possibility of me agreeing with this old fuck is him stepping down as President… But then we would have to deal with a Vance Presidency and I’m not sure that would be better
Obama was pretty decent no?
How Obama Destroyed Black Wealth
Neil Barofsky, the bailout inspector general, later testified that protecting the banks was the actual goal. The administration’s aim was to “foam the runway” for the banks, as Barofsky witnessed Tim Geithner tell Elizabeth Warren. HAMP failed, in other words, because it was not designed to help homeowners.
As a result, in many cases HAMP actively enabled foreclosure. Its re-default rate — the fraction of people who got a modification and later defaulted out of the program — was 22 percent as of 2013. Only about $15 billion of the original $75 billion appropriation was spent by mid-2016.
Out of an initial promised 4 million mortgage modifications — itself a drastic underestimate — by the end of 2016 only 2.7 million had even been started. Out of that number, only 1.7 million made it to permanent modification, and of those, 558,000 eventually washed out of the program.
…
Former Wells Fargo employees later testified that the bank deliberately tricked middle-class black families (who they called “mud people”) into subprime “ghetto loans.” Overall, a Center for Responsible Lending study found that from 2004 to 2008, 6.2 percent of white borrowers with a credit score of 660 and up got subprime mortgages, while 19.3 percent of such Latino borrowers and 21.4 percent of black borrowers did.
The effects of the foreclosure disaster are starkly apparent in Survey of Consumer Finances data. To start, the homeownership national rate shows a marked decline over almost the whole Obama presidency, reaching the lowest rate since 1965 (before slightly rebounding).
Almost the entire world is paralyzed by American tariffs
😂
Looks more like Russia and USA are in the same trade embargo, while the rest of the world is free to do whatever they want.
If anybody is paralyzed it might be Sk and Japan but SK is already jumping ship and trading with China, now.
Russia remains a key supplier of resources critical to U.S. industry (titanium, palladium, uranium). While technically replaceable, developing alternative sources would take years. This makes the current moment less than ideal for imposing higher tariffs on Russia, particularly when the priority is to reindustrialize the U.S.
I find it funny than instead of at least imposing 10% tariff by default on Russia and selectively exempt critical resources. Russian wasn’t listed at all.
Even an unoccupied island got 10% tariff by default.
now explain why Russia is uniquely in this position or i user note you as a russian agent
Well, as much as I’d love a dramatic spy backstory, I’m afraid I’m neither an FSB nor an FBI agent. Just a regular person thinking out loud. I don’t have a definitive answer, just some suppositions. I share them so we can all explore the topic with arguments and counterarguments; no secret dossiers required! Open to hearing different perspectives.
It’s almost like they couldn’t get this from Canada anymore…for some reason…
the same is true for other countries on this list. nearly all of them for example
I wasn’t claiming this was the only reason, just that it’s one possible factor. Here are some sources that highlight Russia’s role in supplying critical materials like palladium, titanium (via Kazakhstan), and nuclear fuel. While alternative sources exist, replacing Russian supplies isn’t immediate or simple.
Import Sources (2019–22): Palladium: Russia, 32%; South Africa, 31%; Italy, 8%; Canada, 7%; and other, 22%. Source: https://pubs.usgs.gov/periodicals/mcs2024/mcs2024-platinum-group.pdf
Palladium is critical to the U.S. economy and national security. Russia is the largest supplier of the metal to the United States. Source: https://www.usitc.gov/publications/332/executive_briefings/ebot_russia_palladium_and_semiconductors.pdf
Apparently there was no titanium sponge import directly from Russia since 2022 sanctions. However 9% of imports come from Kazakhstan (VSMPO-AVISMA subsidiaries) Source: https://pubs.usgs.gov/periodicals/mcs2024/mcs2024-titanium.pdf
US scrambles to break reliance on Russian nuclear fuel Russia had a monopoly on HALEU until recently. Despite U.S. effort to remedy tis issue for them their nuclear industry still faces challenges in meeting its HALEU needs domestically. Source: https://www.ft.com/content/7ead1252-70a5-4258-8d0c-b01a65bd61f1
The real key resource that Russia holds has to be a video of Trump on Epsteins Island.
We are so passed that. I dont think it would matter to MAGA america.
Guys I think there’s some evidence that this is, shall we say, Russia friendly (such as the astronomical tariff rate on Moldova of all places), but Russia isn’t included because it’s a “Column 2” country alongside Belarus, Cuba, and North Korea, and therefore all subject to the stiff tariffs we already impose on the worst of the worst. Please let’s not share things like this which just make us look gullable to the morons on the right supporting this buffoon. It’s not a good look.
Do you have a source for this? I checked https://www.bbc.com/news/articles/c5ypxnnyg7jo but cannot find this.
Edit: https://discuss.tchncs.de/comment/17517599 says that some countries are not included in tariffs because they are sanctioned instead.
Look at section 3(b) of the executive order linked here, at the portion discussing “column 2”:
Good point, considering the US still trades with Russia.
**United States Imports from Russia was US$3.27 Billion during 2024, according to the United Nations COMTRADE database on international trade. **
United States Imports from Russia was US$3.27 Billion during 2024
Sounds like no government actually gives a fuck about stopping the ukraine war. Sending weapons to ukraine government is a more profitable business than cutting import and export to russia to 0.
https://tradingeconomics.com/russia/imports/united-states
Russia imports $17 billions from USA. So we don’t have a trade deficit with Russia.
He’s definitely a Russian troll, but I’m not sure this is the data point to prove it.
The US consistently runs a trade deficit with Russia.
https://www.census.gov/foreign-trade/balance/c4621.html
The US has a trade surplus with the UK, but still applied a 10% tariff to them.
So is that trading economics website just BS, then?
You’re comparing 2021 exports with 2024 imports
That finnish president sure talked some sense into him.
Well, uh, who do you think is calling the shots?
Un-fucking-real.
This presidency will be such a shit stain on the world. The world will never trust the U.S. in the same way it did before.
Over a century of trust and partnerships destroyed in less than 100 days.
As well as it should not trust the U.S. the same again. While i absolutely despise the orange turd he has shown what has been true before: The west has been too reliant on the U.S. ,which both sides enjoyed while it lastet, as the U.S. called the shots, the rest of the west followed and we all benefitted (often on the backs of the global south ofc). No more. Maybe some good will come out of it (strong hopium, i know)
Well. The bridge took some damage in the previous Trump admin as well.
I think far too many people forgot those times.
Or never knew them to begin with
Should tell you everything you need to know.
Do people not realize there is no US Russia trade so tariffs would be moot.
no US Russia trade
U.S. total goods trade with Russia were an estimated $3.5 billion in 2024. U.S. goods exports to Russia in 2024 were $526.1 million, down 12.3 percent ($73.5 million) from 2023. U.S. goods imports from Russia totaled $3.0 billion in 2024, down 34.2 percent ($1.6 billion) from 2023. The U.S. goods trade deficit with Russia was $2.5 billion in 2024, a 37.5 percent decrease ($1.5 billion) over 2023.
https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia
But what’s a few billion between friends?
No US Russia trade YET.
I wonder why
You can view this one of two ways, possibly both:
- Krasnov
- Trump apparently was doing these tariffs based on trade deficits (Which is stupid on its own, if your dentist doesn’t buy the widgets you sell, that’s not a tariff.), if Russia wasn’t running one, then there you go.
To rebuke 2 I present the following- https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia
U.S. total goods trade with Russia were an estimated $3.5 billion in 2024. U.S. goods exports to Russia in 2024 were $526.1 million, down 12.3 percent ($73.5 million) from 2023. U.S. goods imports from Russia totaled $3.0 billion in 2024, down 34.2 percent ($1.6 billion) from 2023. The U.S. goods trade deficit with Russia was $2.5 billion in 2024, a 37.5 percent decrease ($1.5 billion) over 2023.
Based on that math, with the CNN article I linked for the formula (the country’s trade deficit divided by its exports to the United States times 1/2) we get - (2,500,000,000 / 3,000,000,000) * 1/2 = 0.416666…
So Russia should have a 42% tariff based on their purported 83% tariff on us.
And that’s how you end up in Guantanamo.
Trump seems to think the trade deficit is some sort of debt that we’ll have to pay off in the future.
The overall goal of bringing manufacturing back to the US isn’t necessarily a bad one, but this is probably the worst way to go about doing it. One article I read pointed out that it would take many years of consistent tariffs to generate that kind of interest and investment - but anyone with half a brain knows these tariffs could be gone tomorrow, so there’s little inclination to actually try to build factories in the US based on this move. No reasonable investor would want to bet their company on Trump acting consistently.
…pointed out that it would take many years of consistent tariffs to generate that kind of interest and investment…
That’s the scary thing. Citrus-Hitler assumes he’s gonna have himself and his policies in place for “many years of consistent tariffs.”
