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→A quick note
3. The tariffs are going to hurt China which is Russia's biggest buyer of Russia's oil. Plus, China has a HUGE demographic crisis so they are a poor long-term customer of Russian oil - even if Russian production of oil doesn't drop 20-40 percent as per Oilprice.com in about 10 years or so.
3. The tariffs are going to hurt China which is Russia's biggest buyer of Russia's oil. Plus, China has a HUGE demographic crisis so they are a poor long-term customer of Russian oil - even if Russian production of oil doesn't drop 20-40 percent as per Oilprice.com in about 10 years or so.
:Here's where your understanding is flawed. The Chinese don't pay the tariffs. [[US]] [[consumer]]s who purchase Chinese goods that actually make into the country do. The resulkt is less imports of Chinese goods at higher prices. The [[profit]]s from China's [[trade surplus]] with the [[US]] finances [[foreign investment]] like the [[Belt and Road]] initiative, and the Chinese [[military]]. Chinese gas consumers pay for their own gas at the pump, at market prices, which are purchased abroad from Russia in direct currency transactions - ''without'' [[US dollars]] ([[de-dollarization]]), unaffected by [[exchange rate]]s, [[economic sanctions]], or [[tariff]]s.
:Here's where your understanding is flawed. The Chinese don't pay the tariffs. [[US]] [[consumer]]s who purchase Chinese goods that actually make into the country do. The result is less imports of Chinese goods at higher prices. The [[profit]]s from China's [[trade surplus]] with the [[US]] finances [[foreign investment]] like the [[Belt and Road]] initiative, and the Chinese [[military]]. Chinese gas consumers pay for their own gas at the pump, at market prices, which are purchased abroad from Russia in direct currency transactions - ''without'' [[US dollars]] ([[de-dollarization]]), unaffected by [[exchange rate]]s, [[economic sanctions]], or [[tariff]]s.
4. The Europeans are going to take forever to lift their sanctions on Russia.
4. The Europeans are going to take forever to lift their sanctions on Russia.