Trump's new tariffs hit small island territories but spare Russia – Axios
www.pravda.com.ua
Thu, 03 Apr 2025 05:30:07 +0300
The tariffs introduced by US President Donald Trump have not included Russia, as American sanctions already preclude any meaningful trade.
However, the US continues to trade with Russia more than with countries such as Mauritius or Brunei, which were added to the list.
Source Axios news website US Chamber of Commerce Details White House spokeswoman Karoline Leavitt told Axios that Russia had not been included in the tariff lists because US sanctions already preclude any meaningful trade.
However, the US still trades with Russia more than with countries such as Mauritius or Brunei, which were included in Trumps tariff list.
Even remote island territories such as Tokelau population 1,500 in the South Pacific and Svalbard population 2,500 in the Arctic, belonging to New Zealand and Norway, respectively, were added to the tariff list.
Leavitt noted that Cuba, Belarus and North Korea had also not been included, as the existing tariffs and sanctions on them are already too high.
Among the territories subjected to Trumps tariffs are the Heard Island and McDonald Islands, which, according to Wikipedia, are uninhabited but home to large penguin populations.
For reference According to the US Chamber of Commerce, the total volume of trade in goods between the US and Russia in 2024 was approximately US3.5 billion.
US exports of goods to Russia in 2024 amounted to US526.1 million, which is 12.3 US73.5 million less than in 2023.
Imports of goods from Russia to the US in 2024 reached US3.0 billion, a decrease of 34.2 US1.6 billion compared to 2023.
The US trade deficit with Russia for goods amounted to US2.5 billion in 2024, which is 37.5 US1.5 billion less than in 2023.
Background On the evening of 2 April, it became known that Trump was introducing reciprocal tariffs against all countries worldwide.
On 2 April, the United States expanded sanctions against Russian companies.
Trump confirmed that his administration would introduce 25 tariffs on car imports starting from 3 April.
On 3 April, US Treasury Secretary Scott Bessent warned US trade partners against retaliating against Trumps new tariffs.
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