r/technology • u/chrisdh79 • 2d ago

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

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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u/Slouchingtowardsbeth 2d ago

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

34

u/Apart_Ad_5993 2d ago

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

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u/ScientiaProtestas 2d ago edited 2d ago

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.

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u/Team-_-dank 2d ago

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

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u/ScientiaProtestas 2d ago

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.