Russia could hit back at America with its own sanctions
Russia could hit back at the United States by halting sales of rare metals and aerospace buy my home site canada goose outlet https://www.canadagooseparkasoutlet.ca canada goose jacket products to American companies. Canada Goose online A large group of Russian lawmakers has drafted a law that threatens to restrict cooperation in the aviation, aerospace and nuclear industries, Canada Goose Outlet as a response to “unfriendly actions” of the United States. Officials said Monday that parliament would debate the bill on May 15.
Further hearings are likely to follow, but if passed, canada goose clearance the law will present Russian President Vladimir Putin canada goose with a list of possible targets.
Kremlin spokesman Dmitry Peskov said the president’s administration was still studying the proposed measures. “It requires time, but of course you can safely assume canada goose uk outlet that any measures won’t harm Russian Canada Goose Jackets interests and the President repeatedly expressed this,” he said.
Jason Bush, an analyst at Eurasia Group, said the parliament was almost certain to pass such a law but it would be “implemented much more selectively than the full extent of the text allows.”
Russia is not among America’s 20 biggest trading partners, canada goose black friday sale but retaliatory sanctions could Canada Goose Coats On Sale still hurt. Here’s how.
Titanium for aircraft
Russian lawmakers are talking about cutting off titanium supplies for canadian goose jacket America’s aircraft manufacturers.
State owned VSMPO Avisama is the world’s largest producer of titanium and titanium products, and Boeing (BA) is one of its biggest customers.
Boeing cheap canada goose uk needs titanium for most of its aircraft and has a contract with VSMPO Avisama that runs until 2022, according to a statement from the uk canada goose Russian company in 2015, when the agreement was struck. The companies also operate a joint venture, Ural Boeing Manufacturing.
Analysts at Citi estimate that Boeing gets about 35% of its titanium from canada goose store Russia.
Related: US sanctions are killing this canada goose coats on sale oligarch’s business
“This is yet another political drama unfolding that can weigh on global industrial businesses,” the Citi analysts wrote canada goose uk black friday in a research note. “Boeing inevitably gets caught up in these sorts of headlines canada goose factory sale given its prominent position and global supply chain,” they noted, adding that the Canada Goose sale company was likely to have mitigation plans in canada goose uk shop place.
Boeing said it was aware of canada goose clearance sale the draft Russian bill and was “monitoring the situation.”Atlas V rockets, which carry military, canada goose coats intelligence and commercial satellites into space, rely on engines made by Russia’s NPO Energomash.
The Atlas rockets are manufactured by United Launch Alliance, a joint venture between Boeing and Lockheed Martin (LMT), using the Russian engines. The rockets are used by Canada Goose Online NASA, the US Air Force, the Department of Defense and commercial customers.
If Russia stops supplying the RD 180 thrust engines to the United States as the draft law threatens to it could spell trouble for the aerospace cheap Canada Goose industry.
Related: Sanctions have sent aluminum soaring
The US Air Force has Canada Goose Parka been aware of the risk of relying on Russia for key parts. American alternatives are in development, but are not ready for commercial use.
Elon Musk’s uk canada goose outlet SpaceX, which has already won some Air Force contracts, buy canada goose jacket cheap is not yet able to meet all the requirements needed to replace the Atlas V rockets.
Food and other imports
According to the draft law, Russia could also add more American products to a list of banned imports drawn up in 2014 in retaliation for Western sanctions over the crisis in Ukraine.
“Most attractive from Russia’s point of view are measures which would restrict imports in sectors where Russia is keen to promote import substitution,” said Bush, the Eurasia Group analyst.