Russia is already banned from transacting in US dollars or exporting to the USA.
So at this point, they couldn’t care less.
And to China, India, Brazil, etc... they will say: “see, we told you so....”
Crickets from the Putin fan club…
Faafo with Trump. Hos US is not going to be pushed around by anyone.
And, so?
I think the major example was that even if China exports to to a intermediate port to escape tariffs, that the US will put tariffs on China exports coming from that port. The example used was the new China port in Peru
So, let them say ‘I told you so’.
They can trade useless money amongst themselves.