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Comment by beauzero

19 hours ago

The only other options are psychological or kinetic.

Why not tariffs? Basically the continuous version of discrete sanctions, that wouldn't encourage as much routing around. Tax Russian oil/gas at the max point in the Laffer (-esque) curve, with all the revenue flowing as direct aid to Ukraine.

(I know 'tariff' has become a dirty word these days to due the obvious abuse, but I swear I'm making this comment in good faith)

  • Europe kept buying Russian oil and gas, because other sources could not come online quickly enough. Tariffs would have only made energy even more expensive than it already was. Now it's mostly Hungary and Slovakia buying Russian energy, as well as some LNG imports. Those two countries are not too keen on sanctioning Russia, especially in ways that would hurt their economy. Any attempts to impose tariffs on energy imports from Russia would have led to a major internal crisis in the EU.

    • The US already started to pressure these two. We'll see how it goes. Ukraine could always blow up or sabotage the pipelines or some of the pumping stations if they think it's appropriate, either in Russia or on their own territory.

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    • > Europe kept buying Russian oil and gas, because other sources could not come online quickly enough

      They did do sanctions, so I don't know what you're trying to argue.

      > Tariffs would have only made energy even more expensive than it already was.

      Not as expensive as outright sanctions, of course.

      As I said - sanctions are discrete (yes or no), whereas tariffs are a continuous knob.

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  • > Why not tariffs? Basically the continuous version of discrete sanctions

    There are still some qualitative differences: With sanctions, you'll know something dodgy has occurred when you find a pallet of My Little Putin dolls traveling through the port, you don't need to call up a bunch of lawyers and accountants.

    That said, I readily admit that oil is a lot more disguise-able and fungible.