He Said The Kremlin Was Sanctioned But Russian Goods Could Still Enter The US
JAKARTA - One way for US President Joe Biden to punish Russia for already attacking Ukraine is to impose trade sanctions. But the facts on the ground say otherwise.
Quoted from Daily Sabah, Friday, August 26, Baltimore Harbor one day the arrival of a large container ship. It contains layered wooden sheets, aluminum stems, and radioactive materials all sourced from Russian fields, forests and factories.
Hundreds of other types of illegal goods worth billions of dollars, including those found on board to Baltimore from St. Petersburg, Russia, continues to flow to US ports.
Even data from the Associated Press (AP) quoted, the media found more than 3,600 shipments of wood, metal, rubber, and other goods have arrived at US ports since Russia began its invasion.
Indeed, there is a decrease in the number. But the numbers that arise are still quite large compared to the 2021 period.
In fact, no one involved really expects trade to stall after the invasion. Prohibiting imports of certain goods is likely to be more detrimental to those sectors in the US than in Russia.
"When we impose sanctions, it can disrupt global trade. So it's our job to think about which sanctions have the biggest impact and at the same time allow global trade to run," Ambassador Jim O'Brien, who heads the State Department Sanctions Coordination Office.
Experts say the global economy is very interrelated so sanctions must be limited in scope to avoid rising prices in already unstable markets.