Why Trump left Russia, North Korea off ‘Liberation Day’ tariff list

Why Trump left Russia, North Korea off ‘Liberation Day’ tariff list


President Donald Trump excluded Russia and North Korea from his “Liberation Day” tariffs announcement Wednesday, leaving many wondering why he would discipline allies like the European Union, but not others.

A White House official told the Washington Examiner that both North Korea and Russia already face extremely high tariffs and sanctions by the United States, so the additional tariffs were unnecessary.

Russia is currently under 28,595 different Western sanctions.

Trending: Why Do 10 Nurses at the Same Hospital Have Brain Tumors?

However, trade between Russia and the United States is not nonexistent. In 2024, $3.5 billion worth of goods were traded between the United States and Russia. Goods imported from Russia to the United States in 2024 declined by 34.2% from 2023. In 2021, prior to Russia invading Ukraine, the United States and Russia traded between $36 billion

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!