Russia's Food Ban: High Risk, Low-Reward

Russia's Food Ban: High Risk, Low-Reward

The ban on food imports strikes me as an extremely high-risk and low-reward move, one that is likely to cause more harm to Russian consumers than to its putative targets. Rather than targeting a specific weak spot in the EU (hint: it's natural gas!), Russia has instead targeted a much more diversified economic sector in which its adversaries are not very dependent on exports.

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