US Plans 200% Tariff on Russia Aluminum as Soon as This Week

Its pretty much clear with whoever is in control of the Biden admin, current US gov leadership in both parties.
Clearly they arent thinking straight.


The Tariffs haven't worked on China, they wont work on Russia it will be the opposite. Unfortunately this will make the US inflation worse not better.


US Plans 200% Tariff on Russian Aluminum as Soon as This Week




United States Imports from Russia of Aluminum2023 Data 2024 Forecast 1992-2021 Historical


A little reminder.

Directly generates more than $73 billion in economic output and indirectly generates an additional $103 billion in economic output.

The one who will be impacted from the Tariff on Russia's Aluminum. Wont be the nation that is sending its exports to the import nation. It will be the opposite.

A bit amusing from the article.
Bnn article.

who asked not to be identified discussing internal deliberations.

The move, which has been contemplated for months, is also aimed at Russia, the world’s second-largest aluminum producer, because Moscow has been dumping supplies on the US market and harming American companies. The timing of the decision could slip past this week, one of the people said.

Russia had being dumping supplies on the US market and harming American companies? the same American industry which they need Aluminum to function?

Yet America has no problems buying the same Aluminum from Asia.

a reply to: vNex92

Biden is a wimp, he can't even handle a balloon. He'll never increase tariffs on Russia.

a reply to: vNex92

Then why are you so bothered about it?

a reply to: Oldcarpy2

"We have cut our subjective probability that the US economy will enter a recession in the next 12 months from 35% to 25%, less than half the 65% consensus estimate in the latest Wall Street Journal survey" - Goldman

Please continue onto the same path.

originally posted by: LSU2018
a reply to: vNex92

Biden is a wimp, he can't even handle a balloon. He'll never increase tariffs on Russia.

It will be interesting to see how well your prediction ages.

As of 2021, (most recent numbers) Russia only supplied 2.3% of the US' aluminum. Meanwhile, between 2020 and 2021, the amount of aluminum provided by Australia and Bahrain nearly doubled. I have a feeling this tariff will do more damage to Russia's economy than it will to the US' ability to procure aluminum.

a reply to: vNex92

How is Putin's strategy of freezing Europe working out?

Seems like Russia's oil and gas revenues are tanking:

oilprice.com...

Did you read your quoted source above?

a reply to: Xcalibur254
Yeah because all the other sanctions and tariffs currently imposed on Russia are doing so well.

Remind me again who said "We are going to turn the ruble to rubble."?

If you need a hint his son has a crippling Italian cheese addiction.

a reply to: JAY1980

So, how are glorious Russian oil and gas revenues doing?

Clue, see above.

We ain't all freezing to death over here, sorry to disappoint you about that, too.

originally posted by: JAY1980
a reply to: Xcalibur254
Yeah because all the other sanctions and tariffs currently imposed on Russia are doing so well.

Oh !

Russian car sales down 58.8% in 2022 as sanctions hit industry hard.

www.nasdaq.com...

a reply to: alldaylong

Car sales, lol.

Pretty soon, most of us won't be able to afford to drive and that's if we're even allowed to leave our "15 minute zone"...

You do know that right?

Russian car sales down 58.8% in 2022 as sanctions hit industry hard. 

Remember 4 years ago when Democrats were saying that US tariffs on imported goods was a bad thing (but everyone else's tariffs on US products was a good thing)?

Of course, that was when Trump was proposing tariffs, so that was totally different.

So how about Russian Titanium sales?

a reply to: VictorVonDoom

I remember that. I also remember when Trump imposed the tariffs on imported goods from China that slightly caused a bit of pricing issues for some parts.

a reply to: Wide-Eyes

Ah yes car sales when it comes to car sales. That quote you quoted from.
Comes from Fox News,reuters.

Which is only citing one car manufacture.


You should be more concerned with how the Western Countries are getting ready to ban diesel vehicles.

Number of electric vehicles on Australian roads soars as demand exceeds supply


Council will BAN most cars from driving through 75% of its roads in enormous crackdown on traffic and pollution

The sanctions agaisnt Russia only hurt Europe more.
Again if the MSM ever do admit that Russian sanctions do hurt Eu pore and the British economy.

It will force the public opinion differently of the war and push the polticans to seek a diplomatic option instated.



The prices of electricity in your own homes and houses are soaring despite some claiming that the gas prices are low as before the war.

Which isn't quite what the data had shown.

a reply to: vNex92

Ah yes, Lada cars. I believe that they are still making the Niva. Must be over 40 years now?

😂

a reply to: vNex92

Which is only citing one car manufacture.

I see you make this up as you go along. To painful for you maybe ?

Car sales in Russia collapsed by 58.8% in 2022 to 687,370 units, the Association of European Businesses (AEB) said on January 12, as the sector continues to make a slow recovery from a collapse following the start of the war in February

www.bne.eu...

That is ALL CAR SALES.

Russia is fecked.

a reply to: alldaylong

Who actually would want a Russian car? They are about as outdated as their military trucks etc.

About damned time. Took them long enough. Though I don't think this will be nearly as effective as the oil price caps and restrictions, it is still a dent, however, small, in Herr Putler's warchest.