Published on
May 21, 2025
Imposing 500% tariffs on nations that trade with Russia will backfire
While tariffs make wars more likely, embargoes make wars difficult to avoid. Senator Lindsey Graham’s Sanctioning Russia Act calls for 500% tariffs on dozens of countries and essentially amounts to an embargo. If this bill were to pass, it would cause an …
Source:
Responsible Statecraft - Washington D.C.
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