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Russia Bans All US Food Imports in Response to Sanctions
Fox News via Reuters ^ | 8-06-2014

Posted on 08/06/2014 9:39:44 PM PDT by GeronL

http://nation.foxnews.com/2014/08/06/russia-bans-all-us-food-imports-response-sanctions

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 ...


TOPICS: Business/Economy; Front Page News; Russia
KEYWORDS:
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Apparently we buy a ton more stuff (not just food) from Russia than they buy from us.

2013 - Imports from Russia $27 Billion Exports to Russia $11 Billion

1 posted on 08/06/2014 9:39:44 PM PDT by GeronL
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US Trade with Russia

http://www.census.gov/foreign-trade/balance/c4621.html


2 posted on 08/06/2014 9:40:19 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

“No more Twinkies tm. For YOU!”


3 posted on 08/06/2014 9:41:37 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: tet68

What the heck are we importing from Russia that accounts for $27 BILLION in 2013??


4 posted on 08/06/2014 9:44:16 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

Rocket engines for one thing.

/johnny


5 posted on 08/06/2014 9:45:48 PM PDT by JRandomFreeper (Gone Galt)
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To: GeronL

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).


6 posted on 08/06/2014 9:50:21 PM PDT by wetphoenix
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To: GeronL
US says Russia farm sanctions will increase its isolation

...and probably push up inflation.

7 posted on 08/06/2014 9:53:18 PM PDT by Berlin_Freeper
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To: Berlin_Freeper

They need to start creating giant state farms or something! That should work. lol


8 posted on 08/06/2014 9:54:39 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: wetphoenix

but what are we buying from Russia? $27 Billion in 2013


9 posted on 08/06/2014 9:55:26 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: JRandomFreeper

lol


10 posted on 08/06/2014 9:55:45 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

I’ve no idea actually.


11 posted on 08/06/2014 9:58:03 PM PDT by wetphoenix
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To: GeronL

http://www.worldsrichestcountries.com/top-russia-exports.html
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


12 posted on 08/06/2014 10:02:00 PM PDT by wetphoenix
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To: Berlin_Freeper
US says Russia farm sanctions will increase its isolation

You believe everything your government tells you?

13 posted on 08/06/2014 10:02:12 PM PDT by McGruff (Seems like some are more interested in protecting Ukraine's border than ours)
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To: wetphoenix

So, everything the EPA and leftists made sure we couldn’t make for ourselves.

great


14 posted on 08/06/2014 10:03:00 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

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.


15 posted on 08/06/2014 10:07:47 PM PDT by wetphoenix
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To: GeronL

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...


16 posted on 08/06/2014 10:09:47 PM PDT by ArmstedFragg (Hoaxey Dopey Changey)
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To: McGruff
Another bad day for you McGruff...
She cited a warning from Russia‘s own Central Bank that an already high inflation rate will climb even more with the ban on imported food.

17 posted on 08/06/2014 10:11:18 PM PDT by Berlin_Freeper
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To: GeronL

Pravda subscriptions for MSM staffers.


18 posted on 08/06/2014 10:11:25 PM PDT by ArmstedFragg (Hoaxey Dopey Changey)
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To: ArmstedFragg; a fool in paradise

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?


19 posted on 08/06/2014 10:19:34 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: wetphoenix

I think China will soon be #1 if their enslaved population is made to grow what Russia wants now.


20 posted on 08/06/2014 10:20:51 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

Vodka?


21 posted on 08/06/2014 10:21:35 PM PDT by faithhopecharity ((Brilliant, Profound Tag Line Goes Here, just as soon as I can think of one..))
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To: faithhopecharity

No thank you


22 posted on 08/06/2014 10:21:53 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

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


23 posted on 08/06/2014 10:23:27 PM PDT by Cold Heat (Have you reached your breaking point yet? If not now....then when?)
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To: GeronL

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.


24 posted on 08/06/2014 10:25:38 PM PDT by Tau Food (Never give a sword to a man who can't dance.)
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To: GeronL

~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.


25 posted on 08/06/2014 10:27:45 PM PDT by wetphoenix
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To: GeronL
but what are we buying from Russia? $27 Billion in 2013

Blondes...

26 posted on 08/06/2014 10:48:24 PM PDT by OrangeHoof (Every time you say no to a liberal, you make the Baby Barack cry.)
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To: wetphoenix

Generally, yes.

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.


27 posted on 08/06/2014 10:50:19 PM PDT by Owen
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To: Owen

~Generally, yes.

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.~

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.


28 posted on 08/06/2014 11:04:00 PM PDT by wetphoenix
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To: GeronL

they’re making a big mistake.............


29 posted on 08/06/2014 11:36:23 PM PDT by yldstrk ( My heroes have always been cowboys)
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To: Owen
It’s pretty hard to hurt a country that can export crude. There will always be a buyer.

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?

30 posted on 08/07/2014 12:02:48 AM PDT by TexasRedeye (Eschew Obfuscation)
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To: GeronL


Kazakhstan is ready to pick up the slack!
31 posted on 08/07/2014 12:19:15 AM PDT by struwwelpeter
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To: wetphoenix

That’s some of the same categories of stuff the US buys from Russia


32 posted on 08/07/2014 12:52:10 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: Cold Heat

That might be true!


33 posted on 08/07/2014 12:52:40 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

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?


34 posted on 08/07/2014 2:52:21 AM PDT by AnAmericanInEngland
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To: tet68

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!!!”


35 posted on 08/07/2014 3:37:47 AM PDT by stevie_d_64 (I will settle for a "perfectly good, gently used" kidney...Apply within...)
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To: wetphoenix; All

I wonder where the “Precious/Rare” earth metals and minerals fall on this list...

That is big time $$$

Just another thing to think about...


36 posted on 08/07/2014 3:40:01 AM PDT by stevie_d_64 (I will settle for a "perfectly good, gently used" kidney...Apply within...)
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To: stevie_d_64

Probably not big $$$ enough to make it into a top 10 list.


37 posted on 08/07/2014 3:47:38 AM PDT by wetphoenix
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To: struwwelpeter

Yes, in Kazakhstan they eat horses. They even have a beer made out of fermented horse milk.


38 posted on 08/07/2014 3:48:56 AM PDT by wetphoenix
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To: wetphoenix

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...


39 posted on 08/07/2014 3:58:21 AM PDT by stevie_d_64 (I will settle for a "perfectly good, gently used" kidney...Apply within...)
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To: stevie_d_64

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.


40 posted on 08/07/2014 4:05:24 AM PDT by wetphoenix
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To: wetphoenix

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...


41 posted on 08/07/2014 4:16:23 AM PDT by stevie_d_64 (I will settle for a "perfectly good, gently used" kidney...Apply within...)
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To: McGruff

“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.


42 posted on 08/07/2014 4:21:18 AM PDT by BobL
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To: GeronL

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.


43 posted on 08/07/2014 4:37:35 AM PDT by 1010RD (First, Do No Harm)
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To: GeronL

That would be foolish without a central plan and a cadre of experts to implement it.


44 posted on 08/07/2014 4:38:45 AM PDT by 1010RD (First, Do No Harm)
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To: wetphoenix

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.


45 posted on 08/07/2014 4:48:01 AM PDT by bert ((K.E.; N.P.; GOPc.;+12 ..... Obama is public enemy #1)
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To: stevie_d_64

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.


46 posted on 08/07/2014 5:33:14 AM PDT by MRadtke (Light a candle or curse the darkness?)
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To: GeronL

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.


47 posted on 08/07/2014 5:47:20 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: wetphoenix
They even have a beer made out of fermented horse milk.



I wouldn't exactly call kumys beer... more of a "sparkling", watery buttermilk. More medicinal than beverage, but then I say the same thing about vodka ;-)

I never could get into konina - that canary yellow fat just doesn't appeal.
48 posted on 08/07/2014 6:06:44 AM PDT by struwwelpeter
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To: GeronL

Good, given food price inflation it might be nice to have more supply heare at home.


49 posted on 08/07/2014 6:09:28 AM PDT by 1Old Pro
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Comment #50 Removed by Moderator


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