Russia has spared American prices due to peace talks, says the White House – while Ukraine faces 10% export rights

The United States has imposed prices from top to bottom on most countries of the world last week, a few notable exceptions, including Russia – due to negotiations under way with Moscow at the end of the Ukraine War, according to the director of the National Economic Council of the White House, Kevin Hassett.

Hassett explained that Russia was excluded from the list of countries faced with new prices because peace talks with Ukraine are still underway, and new commercial disputes could compromise these talks.

“There is obviously a continuous negotiation with Russia and Ukraine, and I think that the president has made the decision not to confuse the two questions,” he told ABC News.

“Russia is in the midst of peace negotiations that really affect, thousands and thousands of people of people, and that is what President Trump is concentrating at the moment,” said the White House manager when he asked if he recognizes that Russia is exempt from new prices while the American allies are not.

“This does not mean that Russia, in the fullness of time, will be treated extremely different from all other countries,” he added.

But Ukraine – which also participates in peace talks – has been included in the list of countries subject to new prices. A 10% obligation will be applied to Ukrainian exports to the United States.

On April 2, one day, President Donald Trump tried the “liberation day”, he officially declared the start of a world trade war and announced rates ranging from 10% to 50% on imports, according to the country of origin.

On Sunday, Kyiv Post said that the total trade in American goods with Russia, according to the same office of the American commercial representative, was estimated at $ 3.5 billion in 2024.

American exports of goods to Russia in 2024 were $ 526.1 million, down 12.3% compared to 2023. Imports of American goods from Russia totaled $ 3.0 billion in 2024, down 34.2% compared to 2023. The American trade deficit of goods with Russia was 2.5 billion Dollars in 2024.

So, if we take the trade deficit of $ 2.5 billion and the divisions by exports from Russia to the United States, $ 3 billion, then divide this figure, the price on Russia should be 42%.

According to the office of the US trade representative, Russia has mainly exported fertilizers, nuclear fuel and certain metals in the United States.

The OEC World Trade Tracker offered figures for Russian exports to the United States in 2023: total exports were $ 4.87 billion, the highest product being radioactive chemicals ($ 1.21 billion) and nitrogen fertilizers ($ 1.04 billion).