Quote:
Originally Posted by The_Waco_Kid
pretty much. trade with Russia has dropped an order of magnitude down to a mere 3.5 b from 2021 and i'm pretty sure we know why
First, U.S.-Russia trade flows in goods are small, only about $3.5 billion in 2024 and $36 billion in 2021. In comparison, total trade in goods between Canada and the United States reached $762 billion in 2024
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Yes, they're a drop in the bucket Waco Kid. While I hate Liberation Day, I believe that what Trump's trying to do with Russia and Ukraine, which would increase said trade flows, is very positive. And hopefully his income tax policy and deregulation will cushion the blow of the tariffs.
He's risking his legacy on a bad bet.