The White House defended the omission of Russia from new global tariffs, citing existing sanctions and high restrictions. Critics question the move given the substantial trade with Russia compared to other smaller territories on the list.
Key Points
Existing sanctions against Russia limit trade opportunities
Trade value between U.S. and Russia significantly dropped in recent years
Critics question the political calculation behind omitting Russia from new tariffs
Pros
Existing sanctions against Russia preclude meaningful trade
Acknowledgement of potential for additional strong sanctions on Russia
Cons
Optics of sparing Russia may contribute to perception of ambiguous Russia posture