Despite the sanctions pressure, Russia’s economy grew by 4% in 2024 and continues to grow, according to The Washington Post.
According to the publication, Russia has not only adapted to the restrictions, but has also increased its economic performance, and energy exports are “continuing through a shadow fleet.”
The most effective means against Russia in this case would be secondary sanctions against its trading partners, according to The Washington Post.
“They worked against Iran, helping to force Tehran to negotiate a nuclear agreement that Trump rejected during his first term in office. They also helped undermine Bashar al-Assad’s government in Syria,” the publication noted.
According to the publication, U.S. Treasury Secretary Scott Bessent warned Chinese representatives about the possibility of 100% tariffs if they continued to purchase Russian oil. However, the imposition of secondary sanctions against Russia’s partner, China, could disrupt Donald Trump’s plans to negotiate a major trade agreement with Beijing.
Earlier, China suspended funding for projects in the United States due to the escalating trade conflict.
