20 sats \ 9 replies \ @Undisciplined 9 Sep \ on: Crude calculations: How cheaper Venezuelan oil flows will help India econ
Enjoy it while it lasts. Trump is awful on trade and sanctions, even compared to the average US President.
Trump can be awful but he can't put sanctions on evryone. Can he put sanctions on Russia, China and India? What he actually does is sanction USA.
reply
That's true, but he might do it and it's a huge pain in the butt to have to evade those sanctions.
reply
Venezuela might feel pain in the butt but India won't. In fact in this purchase of Oil by India, USA gav ea special licence.
reply
Right, but Trump could easily reverse that. One of the few good things Obama did was open up our relationship with Cuba and Trump reversed that immediately.
reply
Yes, Trump will show off everything he can buy he knows he'll require India to counter Russia-China alliance.
reply
That's a good point. He loves making deals. My guess, though, is that he'll open up American drilling and try to hook you up that way.
reply
Oh yes! That's how he may easily do it.
reply
Still pretty good for India, but now it's also bad for Venezuela and better for America.
Sanctions are still dumb, but sanctions combined with retarding your own industry are bafflingly insane.