Tuesday, July 29, 2014

What Russian Sanctions?



U.S. Sales To Russia Have Only Risen Since Sanctions Imposed -- McClatchy News

WASHINGTON — In the months since the United States imposed sanctions on Russian businesses and close associates of President Vladimir Putin’s, an odd thing has happened: U.S. exports to Russia have risen.

U.S. Census Bureau foreign trade data show that exports rose 17 percent from March through May _ the most recent months for which the data is available _ compared with the previous three months, before sanctions were imposed. The value of exports has risen in each consecutive month this year, an unusual trend in a trade relationship that historically fluctuates on a monthly basis.

Russian markets account for less than 1 percent of U.S. exports, but what the U.S. sells to Russia is largely high-tech and expensive goods, including technology and equipment for the energy sector, which faces the threat of targeted sanctions.

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My Comment: Do what we say .... not what we do.

1 comment:

James said...

What a line up in that picture. All of them studiously appearing to do the job expected of them.