If only the US and the European Union impose subsequent sanctions and secondary duties on the countries buying Russian oil, the Russian economy will be in a state of complete breakdown – says US finance minister Scott Bessent. This, he claims, will force Vladimir Putin to have to “sit at the table”.
Scott Bessent claims that Putin will be defeated by duties and sanctions
It is pure stupidity to do the same and expect other results, allegedly Albert Einstein said. It is possible that other rights operate in the field of politics. At least that’s what Scott Bessent thinks, the American secretary of trade, who threatened Russia with a finger again: during a Sunday interview on NBC television in the “Meet the Press” program said that Moscow could get hit by subsequent sanctions.
President (Donald) Trump and vice president (JD) Vance had a very fruitful conversation with the chairwoman of the European Union Ursula von der Leyen on Friday, who later conducted another conversation with me and we talked about what the European Union and the USA can do together. We are prepared, we are ready to increase pressure on Russia, but we need our European partners follow us
– he said.
The race is now underway how long the Ukrainian army will withstand, and how long the Russian economy will last. And if the US and the European Union can impose more sanctions and secondary duties on the countries buying Russian oil, the Russian economy will be in a state of complete breakdown, which will lead to the fact that President Putin will have to sit at the table
he added.
It is known that President Donald Trump recently pressed European countries to stop buying Russian oil. In addition, talks are expected, as a result of which the leaders of the G7 countries are to impose sanctions and duties on China, today the largest buyer of raw materials from Russia. Only that the largest economies were not to be willing to take such radical actions as an attack on the Middle Kingdom.
For now, the US has imposed additional duties at 25% on goods from India, the second of the largest oil buyer from Russia after China.
Sanctions do not work!
It is worth recalling that the policy of sanctions and duties does not necessarily work, and even provokes aggressors to take more radical actions. An example is what took place on the eve of World War II. The policy of the Third Reich was dictated by the fear of the sanctions, which the League of Nations – the equivalent of today’s UN – wanted to hit Italy, which began to pursue a more aggressive policy in the mid -1930s and attacked Abyssia. The Germans were afraid that their actions would meet with their cut off from raw materials.
Also cutting Japan from raw materials by the USA rather accelerated the attack of the Country of Cherry Blossoms on Pearl Harbor, and did not discourage Tokyo from conducting hostilities.