₦airaland Forum

seunny4lif:
EU buying Russia LNG:
US buying Russia fertiliser:
Saudi and UAE buying Russian oil
India buying Russia oil:

The hypocrisy.

The USA is threatening high tariffs on India and saying Indian oil purchases are financing the Russian war in Ukraine.
The USA, Europe and some other countries have trade relations with Russia, though in lower amounts, but do the USA, EU countries and others who import Russian goods not finance Russia in its conflict in Ukraine?
Trade, be it oil or any other product, benefits Russia.
Then by that logic, India aiding America's war in Gaza, Iraq, Afghanistan, by trading with America

dvkot:
They are tired of defeating Russia on the battlefield, now they want to defeat Russia on ceasefire deal.

dvkot:
we know a fraud when we see one 😂

One day after Trump announced tariffs, you rushed here to make the post below... Now same you is saying no one expects india to stop buying Russia oil immediately.

Only you dey contradict yourself.

Appleyard:
Meanwhile, just for laugh...

https://youtube.com/shorts/UilHLBHyQZM?si=O2oQX1VNbj_vvnVd

Jovi10:
Lmao only the hostages are starving really? Nawa for Una o. With all the evidences on social media and reports from both western and Israeli media outlets. You guys are really irredeemable.


Let me tell you something, you people that are deliberately supporting genocide because of visa, you'll see that when you get to the embassy you'll be denied for the same reason because you have no humanity left in you. The country you're going to as well you'll surely support evil against them of you get better options else where . Make Una continue o.

WritterNg:
⚡Trump says he will be "substantially" raising Indian tariffs, as they are buying "massive amounts of Russian Oil" and selling it to the "Open Market for big profits."

WritterNg:
⚡Russia closed the airspace over the Kapustin Yar test site. A similar ban occurred in November 2024, when Russia struck Ukraine with a new Oreshnik ballistic missile.

The ban is effective from August 4 to 8, coinciding with Trump's deadline for a Ukraine ceasefire.

WritterNg:
⚡Trump says he will be "substantially" raising Indian tariffs, as they are buying "massive amounts of Russian Oil" and selling it to the "Open Market for big profits."

When you have Melania as your foreign policy adviser, what do you expect?
She watches CNN and tells Donnie all about how Ukraine was attacked, lol.
Melanie in the evening, Linda Graham during the day.

Same guy
BREAKING: The Trump administration will halt disaster relief funds to U.S. states and cities that boycott Israeli companies.
Welcome to the new country, the United States of Israel

WritterNg:
⚡Trump says he will be "substantially" raising Indian tariffs, as they are buying "massive amounts of Russian Oil" and selling it to the "Open Market for big profits."

usmanpogo:
The US was the heart and soul of the free trade movement during the 70s, the US can be solely credited for opening up the Chinese markets to the world. President Nixon laid the groundwork with Shanghai Communique.

The US has a large economically attractive market, economically attractive in the sense that a larger percentage of it populations are high earners, this means there's a need to encourage and promote home made products.

How the current economic system continues to not only work but flourish is an enigma ? I don't know how sustainable it is in the long run.

Enter the protectionist policy

The need to promote and encourage home made products led to the US protectionist policy during the 20s.
"The 1920s US auto industry boom was significantly influenced by protectionist policies. While not the sole driver, the imposition of high import tariffs on foreign cars, starting with the Fordney-McCumber Tariff Act of 1922, shielded the domestic industry from international competition, allowing it to flourish. This protection, coupled with mass production techniques and increased consumer spending, fueled the rapid growth of the American automobile market. "

The protectionist policy encouraged all sectors of the US economy and it contributed to the early economic boom in the 20s.

This policy also partly contributed to the great depression due to retaliatory tariffs.

Why would the US want to go down that road again ?

WritterNg:
Are you making excuses for them or condemning them?

usmanpogo:
What part is not clear enough ?