In the case of wood imports, Russia’s dense birch forests create such hard, strong timber that most American wooden classroom furniture, and much home flooring, is made from it. importers are sourcing alternative materials elsewhere, others say they have no choice. sanctions don’t exist in a vacuum layers of European Union and U.K bans result in convoluted trade rules that can be confusing to buyers, sellers and policymakers.įor example, the Biden administration and the EU released separate lists of Russian companies that cannot receive exports, but at least one of those companies - which supplies the Russian military with metal to make fighter jets currently dropping bombs in Ukraine –- is still selling millions of dollars of metal to American and European firms, AP found. So our job is to think about which sanctions deliver the most impact while also allowing global trade to work,” Ambassador Jim O’Brien, who heads the State Department’s Office of Sanctions Coordination, told the AP.Įxperts say the global economy is so intertwined that sanctions must be limited in scope to avoid driving up prices in an already unstable market.Īlso, U.S. “When we impose sanctions, it could disrupt global trade. Banning imports of certain items would likely do more harm to those sectors in the U.S. ![]() In reality, no one involved actually expected trade to drag to a halt after the invasion. That’s a significant drop from the same period in 2021 when about 6,000 shipments arrived, but it still adds up to more than $1 billion worth of commerce a month. ports from Russia since it began launching missiles and airstrikes into its neighbor in February. ![]() The Associated Press found more than 3,600 shipments of wood, metals, rubber and other goods have arrived at U.S.
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