INSUBCONTINENT EXCLUSIVE:
Trade between Russia and the United States has hit a two-decade low,according to the U.S
Census Bureau, as Moscow faces unprecedented isolation from the West due to its invasion of Ukraine.Russian-U.S
trade turnover totaled $277.3 million in July 2023, the latest available month, marking an 11-fold drop from February 2022,according to
first began to be published.Russian exports of $241.7 million made up almost 90% of the turnover, while U.S
exports shrank to $35.6 million.January-July trade data showed $2.5 billion of the $3 billion worth of goods sold to the U.S
comprised of nuclear fuel, fertilizers and platinum group metals, according to RBC.It did not indicate what kind of goods the U.S
introduced steep tariff hikes on Russian imports.Washington has imposed widespread sanctions on Russia for its full-scale invasion in
Ukraine, including a ban on Russian oil, diamond and seafood imports.
