Did the "Heavy Tax on India" Severely Strike the Russian Economy? U.S. Media Analyzes and Disproves Trump
Under the pretext of "curbing Russia's energy revenue," the United States has repeatedly waved the tariff sword at countries such as India. On August 12, U.S. President Trump once again boasted at a press conference that taxing India had caused a "severe blow" to the Russian economy.
Is this actually true?
Bloomberg published an article on August 12 stating that Russian crude oil transportation continued to decline for the third consecutive week, but still remained within the normal range this year. According to the latest ship tracking data compiled by Bloomberg, the average daily sea transport volume of Russian crude oil in the four weeks ending August 10 was 3.11 million barrels, a decrease of about 3% from the revised average of 3.21 million barrels per day in the four weeks ending August 3. In the latest data, the average crude oil transportation volume over four weeks has declined for the third consecutive week, while the seven-day transportation volume has increased slightly.
The article suggests that Trump's tariff threats are unlikely to have a direct impact on Russian oil transportation before this week's meeting between the U.S. and Russian presidents.
Original: www.toutiao.com/article/1840259437795671/
Statement: This article represents the views of the author.