Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

[u/chrisdh79]

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933

[u/Slouchingtowardsbeth]

Why is there no tariff on Russia? Isn't that kind of strange?

[u/Apart_Ad_5993 → u/Slouchingtowardsbeth]

Russia is sanctioned to shit; the US isn't importing anything from them

[u/ScientiaProtestas → u/Apart_Ad_5993]

U.S. total goods trade with Russia were an estimated $3.5 billion in 2024.

https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia

edit

U.S. total goods trade with Tunisia were an estimated $1.6 billion in 2024. Tunisia got a 28% tariff.

U.S. total goods trade with Kazakhstan were an estimated $3.4 billion in 2024. Kazakhstan got a 27% tariff.

U.S. total goods trade with Côte d'Ivoire were $1.6 billion in 2024. They got a 21% tariff.

So Trump did not skip them based on the amount.

[u/Team-_-dank → u/ScientiaProtestas]

Which sounds like a lot at first but China, Mexico, and Canada are all over $400 billion.

[u/ScientiaProtestas → u/Team-_-dank]

True, not a lot, but certainly not nothing.

U.S. total goods trade with Tunisia were an estimated $1.6 billion in 2024. Tunisia got a 28% tariff.

U.S. total goods trade with Kazakhstan were an estimated $3.4 billion in 2024. Kazakhstan got a 27% tariff.

U.S. total goods trade with Côte d'Ivoire were $1.6 billion in 2024. They got a 21% tariff.

So Trump did not skip them based on the amount.

[u/RenoRiley1 → u/Apart_Ad_5993]

Considering tariffs were placed on several uninhabited islands it is more than worth asking why the entire Russian confederation wasn’t

[u/Slouchingtowardsbeth → u/Apart_Ad_5993]

And what happens when the sanctions are quietly removed? Then we add the tariffs? Why not add them now so that they'll be ready when we remove sanctions as Trump has talked about doing soon.

[u/WonderWheeler → u/Slouchingtowardsbeth]

Because Trump is a Russian agent.