A new report argues that America’s sanctions on other nations is only hurting our own country, showing President Biden’s failures to use the tactic to his advantage.
Whether its Russia, China, or Afghanistan, the left can’t get a win when it comes to sanctions. With Russia, the plan seems to be to use sanctions as an excuse to blame Russian President Vladimir Putin for the nation’s high gas prices.
With China, any American sanctions seem offset by Biden’s other business relationships. It doesn’t help that the U.S. just sold nearly one hundred million barrels of its oil reserves to a Chinese company that Hunter Biden has a financial stake in.
But the video points out that the sanctions also hurt American businesses that could be selling to some of the 10 nations under U.S. sanctions. It’s not only about the boycott of products from sanctioned nations, but lost revenue for places seeking new markets.
When it comes to basic economics, the Biden administration just doesn’t seem to get it. There’s a reason former President Donald Trump could get along with Russia and even reached out to North Korea. He may not fit in with Washington’s swamp, but he knows how to make business deals.
The video is a clear example of sanctions gone wrong and is worth a look for anyone concerned with the nation’s economy.
