An expert on how the US sanctions “backfire” on the US

The sanctions that the United States imposed against Rosneft's Rosneft Trading division are alarming for US experts.

According to Richard Saway, vice president of the United States National Council on Foreign Trade and head of the USA Engage trading company, Richard Richard, expressed in an article for The Hill, the introduction of restrictive measures will not only hit American companies, but will also shake the US financial system.

As an argument, Savay cites the fact that due to sanctions, American companies left a number of promising projects being implemented in Russia, and their place was immediately taken by Russian and Chinese startups.

At the same time, the expert notes, the sanctions did not affect policiesconducted by Moscow, but provoked an unprecedented increase in Russian-Chinese cooperation.

According to the author’s calculations, after the adoption of the bill “On the Protection of American Security from Kremlin Aggression” (DASKA), the interests of American enterprises will suffer in 150 joint projects that are being implemented in 50 countries.

However, Savai sees the biggest losses of the USA after the imposition of sanctions in another:

In general, in the context of global economics With its sophisticated network of transnational supply chains, the ongoing tightening of US sanctions has led US companies to be now considered unreliable partners.

And this, in his opinion, will ultimately lead to the fact that international financial transactions may completely leave the United States.
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  1. Bulanov Offline Bulanov
    Bulanov (Vladimir) 19 February 2020 09: 58
    And it should be added that the dollar has become an unreliable means of payment, because they can be seized at any time in dollar bills. It’s better to switch back to the gold standard. For 3 thousand years, earthlings used gold as a means of payment, and there was no such threat to peace as it is now, with the adoption of the dollar as an international currency. As soon as the dollar weakens, the States will remove their nuclear bases around the world and earthlings will breathe a sigh of relief. The planet will regain the future!
  2. Sergey Latyshev (Serge) 19 February 2020 10: 25
    And, again, they promise the end to America, the dollar, its industry, etc ...
    The internet has cool promises about the dollar over the years.
    1. Oyo Sarkazmi Offline Oyo Sarkazmi
      Oyo Sarkazmi (Oyo Sarkazmi) 19 February 2020 13: 43
      Quote: Sergey Latyshev
      The internet has cool promises about the dollar over the years

      But this will happen without any warning. Like the year 2008. The USA survived, but the Irish and Icelanders almost put their teeth on the shelf ...
    2. Alexex Offline Alexex
      Alexex (ALEXEI) 19 February 2020 13: 45
      Of course, it is like that ... look at the price of gold in dollar terms ....
  3. Alexzn Online Alexzn
    Alexzn (Alexander) 19 February 2020 12: 59
    Brainwashing, designed for the brainless.
    1. Astronaut Offline Astronaut
      Astronaut (San Sanych) 23 February 2020 15: 04
      Are you with brains? Soon you will wipe with these pieces of paper, if you have them. wassat
      1. Alexzn Online Alexzn
        Alexzn (Alexander) 24 February 2020 10: 32
        Quote: Astronaut
        Are you with brains? Soon you will wipe with these pieces of paper, if you have them. wassat

        Will I get rich to such an extent? Thanks. However, I would prefer toilet paper bought in dollars.
  4. The comment was deleted.