Skip to comments.Russia Bans All US Food Imports in Response to Sanctions
Posted on 08/06/2014 9:39:44 PM PDT by GeronL
Russia will ban all imports of food from the United States and all fruit and vegetables from Europe, the state news agency reported on Wednesday, a sweeping response to Western sanctions imposed over its support for rebels in Ukraine.
The measures will hit consumers at home who rely on cheap imports, and on farmers in the West for whom Russia is a big market. Moscow is by far the biggest buyer of European fruit and vegetables and the second biggest importer of U.S. poultry.
(Excerpt) Read more at nation.foxnews.com ...
2013 - Imports from Russia $27 Billion Exports to Russia $11 Billion
US Trade with Russia
“No more Twinkies tm. For YOU!”
What the heck are we importing from Russia that accounts for $27 BILLION in 2013??
Rocket engines for one thing.
To be honest, the only US exports I can see in Russia are cheap alcohol(mostly Cali wines), frozen chicken legs (aka “Bum fodder” or “Bush’s legs” after old Bush)-by far the most affordable food but it looks really awful, Jeep/Chrysler vehicles and civilian firearms (Remington rifles, Eothech sights).
...and probably push up inflation.
They need to start creating giant state farms or something! That should work. lol
but what are we buying from Russia? $27 Billion in 2013
I’ve no idea actually.
Top 10 Russian Exports to US
Russia’s exports to the US amounted to
$11.2 billion or 2.1% of its overall exports.
1. Oil: $4.1 billion
2. Aluminum: $1.6 billion
3. Iron and steel: $940.2 million
4. Fertilizers: $847.3 million
5. Gems, precious metals, coins: $691.1 million
6. Machines, engines, pumps: $233.2 million
7. Rubber: $207.9 million
8. Other base metals: $200.7 million
9. Iron or steel products: $165 million
10. Wood: $128.7 million
You believe everything your government tells you?
So, everything the EPA and leftists made sure we couldn’t make for ourselves.
True. On the other hand a volume of trade is really low between two countries.
It seems like Netherlands, Italy and Germany are major Russian trading partners.
It is quite a surprise to me that China is not even in top 3.
Do you think Obie could have come up with some way to punish Russia that didn’t involve shafting American farmers? Like, for example, 24/7 flyovers by drones with P.A. systems playing his “best” speeches....
Nah... that’d be a Geneva Convention violation...
She cited a warning from Russias own Central Bank that an already high inflation rate will climb even more with the ban on imported food.
Pravda subscriptions for MSM staffers.
If this were really about Ukraine, maybe they should have aided Ukraine instead of starting a trade war with Russia, which does not help Ukraine.
If this were about Ukraine we would have sent them help rebuilding their democratic institutions and showing them how a civil society should function and all that, plus do more than send some MRE’s. We would have offered to train new Ukraine troops in tactics to help secure their border...
oh wait, that is a lost art isn’t it?
I think China will soon be #1 if their enslaved population is made to grow what Russia wants now.
No thank you
We must not have much food to sell.
I do the grocery shopping....you seen the prices and small packages lately?
Probably do us some good....lol
I notice that Putin has not threatened to forbid his people from engaging in international identity theft and computer fraud. His gangster friends are still open for business.
~If this were really about Ukraine, maybe they should have aided Ukraine instead of starting a trade war with Russia, which does not help Ukraine.~
Top 10 Ukraine Exports to Russia
Ukraine’s exports to Russia amounted to
$15.1 billion or 23.8% of its overall exports.
1. Machines, engines, pumps: $2.2 billion
2. Iron and steel: $2.2 billion
3. Railway, tram equipment: $1.7 billion
4. Electronic equipment: $1.1 billion
5. Inorganic chemicals: $908.9 million
6. Iron or steel products: $843.8 million
7. Paper: $769.8 million
8. Salt, sulphur, stone, cement: $473.5 million
9. Plastics: $391.3 million
10. Dairy, eggs, honey: $381.9 million
That is a chart showing why Ukraine is screwed and there is no chance for recovery, based on a “European choice”.
24% of their total exports are selling in Russia. About 95% of high added value products are part of it’s 24%.
Without Russian exports it is a banana republic, without bananas.
In addition to Ukraine being screwed, let’s note those lists above are from a time when oil was about 15% less expensive. So US imports from Russia (oil) was pricier, until it will be scaled back.
Bottom line: It’s pretty hard to hurt a country that can export crude. There will always be a buyer.
In addition to Ukraine being screwed, lets note those lists above are from a time when oil was about 15% less expensive. So US imports from Russia (oil) was pricier, until it will be scaled back.
Bottom line: Its pretty hard to hurt a country that can export crude. There will always be a buyer.~
All true, but getting back to Ukraine it is now clear that no sane politician could ever push for a “European choice” unless he is a paid agent.
The resulting economic disaster was so obvious and leaders now are busy to escalate every possible crisis to make populace busy.
Anti-Russian Ukraine makes about as much sense as pro-Soviet, anti-American Cuba.
It won’t perform any better, both politically and economically.
they’re making a big mistake.............
Yes, a buyer but at what price? An article last week said that Russian oil production break even was $101.70/bbl. Today's price on the world market was less than $98.00/bbl. What they lose in price they make up for in volume? Is that the way it works?
That’s some of the same categories of stuff the US buys from Russia
That might be true!
Note to Pootie Poo.....cutting off ones nose to spite ones face really doesn’t work. Enjoy your cabbage and vodka, hope you weren’t too attached to eating beef, fish, fruit, etc. What’s next, banning the dollar and euro? How’d that work out for your predecessors?
I agree...I’m running a shelf-life test on a package of those, where I stow a few “other” things for future contingencies...;-)
Who knows, in 25 years, those suckers might still be edible...Of course I’ll let my wife taste test them first!!!
I am not “Ehhh-stoopider than Jupiter!!!”
I wonder where the “Precious/Rare” earth metals and minerals fall on this list...
That is big time $$$
Just another thing to think about...
Probably not big $$$ enough to make it into a top 10 list.
Yes, in Kazakhstan they eat horses. They even have a beer made out of fermented horse milk.
I agree...But it is a significant factor when some of our defense systems require some of those materials...Right???
Something the media and other talking heads do not want to bore the public with...
Well, Russia is certainly not a single source of rare elements, not to mention these are mostly comes within electronic components and these are Chinese-made most of the time.
You are correct...But you have to see that this will have an effect on those things we need the “rare earth elements” for...
But hey...In the long run it very well may not be that much of an impact...
Someone will make a deal, somewhere, somehow, someway...
The almighty $$$$, yen, pounds, francs, dinars, rubles, etc etc etc, will always triumph...
Ohhh, forgot the Pesos and Pasetas...Muh bad...
“You believe everything your government tells you? “
I’m with you. Russia has PLENTY OF OPTIONS now. The 3rd World is not even close to what it was even 20 years ago - HUGE MARKETS now and Russia will move that way.
Well, this will raise prices for ordinary Russians and put pressure on those businesses in Russia that export to the US. Trade wars hurt everyone and Putin will learn that lesson.
Hopefully, most of what the Russians import is bacon and prices will slide.
That would be foolish without a central plan and a cadre of experts to implement it.
Americans don’t eat chicken legs and thighs and they are exported at cheap prices to get rid of them.
It is not just Russia that buys them.
Titanium does come to mind. I did a quick search and found that the leading countries for titanium production include Japan, Kazakhstan, Ukraine and China.
This is going to hit the ag sector pretty hard. Though to be fair, Russia has had a long term goal to make all of their foodstuffs at home for a decade now. The issue was quality, and they have made great advances in that.
Good, given food price inflation it might be nice to have more supply heare at home.