IMO the russian sanctions are very easy to follow no? India freely reports a 60% increase in oil imports from Russia and EU imports from India double almost overnight to 40% of India’s daily production. Although that is much more macro-scale and easier to track then like the origins of the bolts in an imported car part.
Right, everybody knows it’s happening, but there’s little interest in actually enforcing these sanctions since Europe needs energy and as long as they can pretend it’s coming from India that’s good enough politically. I expect the same thing will happen with Chinese tariffs, companies will still want to minimize their costs by sourcing from China, but it’ll be done in a way that’s politically palatable.
IMO the russian sanctions are very easy to follow no? India freely reports a 60% increase in oil imports from Russia and EU imports from India double almost overnight to 40% of India’s daily production. Although that is much more macro-scale and easier to track then like the origins of the bolts in an imported car part.
Right, everybody knows it’s happening, but there’s little interest in actually enforcing these sanctions since Europe needs energy and as long as they can pretend it’s coming from India that’s good enough politically. I expect the same thing will happen with Chinese tariffs, companies will still want to minimize their costs by sourcing from China, but it’ll be done in a way that’s politically palatable.