US President Donald Trump imposed extensive tariffs on 184 countries around the world on 2 April. India was imposed 26 percent tariffs, while China and other countries charged even more. Almost all countries will now face 10 percent baseline tariff. However, some other countries including Russia were excluded from it? After all, what is the reason? Cleanliness was also issued by the White House regarding this.
Although Russia’s exit from the ‘tariff list’ is not very surprising. Trump has been taking a very soft attitude towards Russia since the second entry in the White House. He also constantly targeted Kiev on the issue of Ukraine War while defending Moscow.
According to American outlet Exios, White House Press Secretary Caroline Levit said that Russia was excluded (from the tariff list) because he is already subject to American restrictions, which prevent any untouchable trade between the Cremlin and Washington DC.
Russia has asked Trump to lift some restrictions under the US -mediated Ukraine ceasefire negotiations.
however, Levit says that Russia may still face ‘additional restrictions’. Let me tell you that Trump recently threatened Russia to put secondary tariff on oil. According to the US President, he is ‘angry’ with the comments of Russian President Vladimir Putin about Ukraine.
US-Russia trade decreased from about $ 35 billion in 2021 to $ 3.5 billion in 2021 due to restrictions imposed due to Russia’s attack on Ukraine. The US still trade more with Russia than countries such as Mauritius or Brunei, which is included in Trump’s tariff list.
apart from Russia, Cuba, Belarus and North Korea are also excluded from the tariff list. Levitt says that the current fees and restrictions on these countries are already very high.
Canada and Mexico were also not included in this tariff list. Levit stated the reason for this and said that Trump had already imposed 25% tariff on both.
