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Illya Gerasymchuk
Entrepreneur / Engineer

๐Ÿ‡ท๐Ÿ‡บ Russia is immune to US tariffs #2

๐Ÿ‡ท๐Ÿ‡บ Russia is immune to US tariffs Russia's international reserves are as follows: - 0.007% US Treasury bonds - 35% Gold Russia exports <1% to the US. Russia is a net exporter This makes them protected from US sovereign risk (USD devaluation) & trade risk

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a reminder that Russia doesn't trade with USA anymore ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿค๐Ÿ‡ท๐Ÿ‡บ so it's not clear what 100% or 9999% tariffs on Russia will achieve Russia's been offloading US securities for gold since 2018 Russia's exports to the US are less than 1% of the total

i understand that these are secondary tariffs, but there is a grand total of 0% chance of that going in action for any substancial amount of time ๐Ÿ‡จ๐Ÿ‡ณ China is Russia's main trading partner. do you really think the US economy can sustain 100% tariffs on their main import source?

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ณ US imports for India account for mere 2.7% of its total imports - only $87 billion you can see how selective and small the tariff applications are - and even those will eventually be dropped nothing about China ๐Ÿ‡จ๐Ÿ‡ณ ๐Ÿ‘€ fully consistent with what I wrote 2 weeks ago

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