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Despite being a world sanctioned country, Russia continued to use its wide richness in Ukraine to look for his war.
The Donald Trump US president expects to change that. Du announced through new secondary rates In any country, it will negotiate with Russia, the ceasefire of Ukraine, until Friday, August 8, agreed.
Secondary fares would see the goods of any country working with Russian face 100% tax When they are imported to the US.
Oil and gas are the largest exports in Russia, and the largest customers in Moscow are China, India and Turkey.
“I used it for many trading things, but it’s very good for fixing wars,” Trump said last month.
That would not the first time the Trump Administration has established secondary rates, where the buyers of Venezuelan oil are also in place.
However, the use of Russia would have great consequences for the global economy.
Russia remains the third largest oil producer in the world, only Saudi Arabia and the US. But this year his shipments have fallen, according to A Bloomberg Analysis Baby tracking data.
“Key channels on the global economy of Russian energy buyers would have the level of energy price level,” Kieran Tammkkins advisor from the capital of capital.
If the rate works, they will cut the flow of Russian oil and gas to global markets.
And with less supply, prices could rise, when Russia launched the Ukraine scale invasion in 2022. This brought a spike in inflation around the world. Trump president said it is not worried about the production of US oil.
Mr. Tompkins stated that this time, there are other reasons to suggest that the effect of prices does not suggest.
He explained that “the current background Opec + (landroleum producing countries and allies) have important substitute skills.”
Russia has designed a whole system to avoid existing sanctions, which could be useful to prevent secondary rates to his negotiation partners threatened by Trump.
For example, the so-called “Shadow Fleet” – hundreds of ships with dark property – could be used to hide exported oil and gas origin.
“Maintaining penalties is a great task as great as establishing penalties,” they are experts from the University of Columbia Richard Richard.
“Because this is punishing the festivities steps to escape.”
Since it was a full-scale invasion of Ukraine in 2022, it has been the second largest buyer of Russian oil, According to the Center for Research Energy and Net Air.
“They are feeding the war machine. And if they could do that, I will not be happy,” said President Trump Tuesday told CNBC Outlet CNBC.
If secondary penalties are in force, companies that US companies purchase Indian goods will pay 100% import tax – or when these tariff products reach the edges of the US.
The idea is that these goods are so expensive that U.S. companies will choose to buy cheaper to buy from any other location, he has lost its income of India.
This believes that India prevents the purchase of Russian oil. And if Russia does not sell his oil elsewhere, because other countries have the same situation, Ukraine will have less money to finance the war.
A way that could be higher prices as a result of new secondary rates is to buy Indian mobile phones.
Apple is moving a lot of our iPhone Indian production – Manufacture of phones that especially sells in the US.
If these products are subject to new rates, prices could double for us. That is, because they pay for companies that import goods, and these companies tend to spend the most, if they are not all of us customers.
Imports to the USA of India have a 25% fare already shaking the wider trade of the President Trump, and CNBC said that this number could have risen “very significantly”.
The Government of India has accused us of double standards by pointing to Russia, directed by Washington.
The majority of this trade is made up of India imports, which lasted more than $ 3 million (£ 2.2 million), is just 10% of the level 2021.
Trade is due to nuclear energy and fertilizer raw material purchases. Russia is an important global supplier of both.
China is buying the most Russian oils, and the decision to impose President Trump agreements will be much more challenging to impose tariffs on Chinese goods.
This is worth as many as Indian imports from China, and many of these imports are like consumer goods, toys, clothes and electronics.
Side fares aimed at Beijing would also be confused Wider Trade Chesting Among the two largest economies in the world Trump has made his first term of office.
“This type of excessive scaling does not seem to be amazed by Chinese,” Simon Evenett’s expert professors of Simon Evenett.
He explained that he would be “very difficult” to peel the Russians without Russians, what kind of President and Putin tight have worked together In recent years.
On top of that, Trump tried to use trout to cheese fare, did not work, he cut all the trade between almost two countries.
Another movement like this can add inflation pressures in the US to deal with Trump for a long time.
It could also cost great manufacturing work in China, at the time of his economy already fighting several fronts.
The EU and Turkey examines the study of the Finnish-based center and the Net Air examination is also among the largest buyers of Russia.
Before 2022, the EU had export destination for Russia, although it has been tremendously reduced since Ukraine’s large-scale invasion. Recently agreed to buy a lot of Brussels More energy from the USBut some Russian imports remain.
In June, President of the European Commission, Ursula von der Leyen, confessed the problem“Russia has repeatedly tried to blacktaining his energy supply” while he intended to end imports at the end of 2027.
The US-EU trading relationship is the largest in the world, and the couple has just negotiated new trade terms which will apply 15% fare to most exports to the US.
Many in the EU criticized that agreementTarif says that he would damage European exports.
Now, the EU second-level sanctions are also afraid to do more damage. The addition of 100% of Russian energy can be reduced significantly reducing the number of goods sold to the USA to the United States.
However, the biggest sellers are pharmacies and machinery, which can be a tough source from somewhere – Americans have little chance, but to pay more.
The Russian economy has been very proven to be very resilient since the beginning of the Ukrainian-scale invasion, as it rose by 4.3% last year.
However, the economy minister Maxim reshetnikov Recently warned The country “warming” is “on the recession”. The international fund fund (IMF) predicts 0.9% growth this year.
Secondary penalties If successful in reducing the export application, Russia will approach the recession.
It is difficult to know the exact impact of the Russian economy because Moscow has prevented the publication since the entire scale invasion because it has prevented a large amount of economic data – including oil and gas production.
A third of the expenditure of the Russian government is funded with oil and gas money, but exports fall.
Meanwhile, Putin directs a higher expense to defend from the cold war than at any time. The expense of defense is believed to reach 6.3% of GDP.
On the other hand, Ukraine’s war has spent 26% of the value of the very lower war value. The difference explains why his president, Volodymyr Zelensky, has repeatedly requested his external support for allies.
Trump’s Tariff wants to help Zelensky to cut the amount of money that flows into Russia, and expects death, suffering and destruction in Ukraine.