What Could US Tariffs Mean for Russia’s Partners?

What could US secondary tariffs mean for Russia’s trading partners like China and India? Donald Jensen, Former US Diplomat, explains.

Transcript

00:00The secondary tariffs that we're hearing about as well, up to 100% on Russia's trading partners,

00:04what are the implications that we could see from that?

00:08What are we looking at in terms of China, India, the big trading partners with Russia?

00:12What could be the fallout?

00:13For sanctions, people have said 500% and tariffs, of course, are 100%.

00:20But I think you're going to see a lot more diplomatic pressure on Russia and China

00:24to comply with international sanctions that are more directly imposed on Russia.

00:29Will that work? I don't know.

00:31But it's a logical next step because, as everybody knows, Russia gets a lot of money into its treasury

00:37from these kinds of secondary deals on oil in particular with countries such as Russia and China.

00:43So I would guess that those two countries in particular are going to have to make some very tough decisions,

00:48either focus on the pressure from the United States and dealing with the financial pressure that will inflict,

00:55or make some kind of a change in their approach.

00:57And so I think the ball in some way shifts to New Delhi and to Beijing

01:03to see how they're going to respond to these U.S. warnings.

01:10After all, we've seen the Trump administration use tariffs and this kind of thing

01:14as a foreign policy lever since he took office in January,

01:18and I'm not surprised at all that that's another step where he might go.

01:23And certainly a lot of experts here in Washington are urging him to do that

01:26in order to increase the pressure on Russia to get this horrible war done and over in an unjust way.