Swedish investigators are looking into Yi Peng 3 bulk carrier that was travelling from Russia to Egypt

Summary

Sweden is investigating the Chinese vessel Yi Peng 3 after it was tracked near two severed Baltic Sea data cables connecting Sweden-Lithuania and Finland-Germany, incidents suspected to be sabotage.

The cables were damaged within 24 hours, and Germany called it a likely act of “hybrid warfare.”

The ship, owned by a Chinese company, follows a similar 2023 case involving a Chinese vessel damaging a Baltic gas pipeline.

Germany, Sweden, Finland, and Lithuania expressed concerns, citing increased hybrid threats

  • Guy DudemanEnglish
    14•1 month ago

    Tariffs are paid by the importer, not the exporter.

    • LizEnglish
      12•1 month ago

      It’s immaterial who pays them, the end result is that the product is more expensive to export to the country who levies the tariff. If everyone does them to one country at the same time because they did bad stuff, that’s a sanction.

    • 🇦🇺𝕄𝕦𝕟𝕥𝕖𝕕𝕔𝕣𝕠𝕔𝕕𝕚𝕝𝕖English
      4•1 month ago

      Yeah but the end result is that it makes importing goods by the tariffed nation more expensive and thus creates an incentive for other markets to fill the gap and applies more pressure squeezing them and creating an incentive to behave.

      If all nations tariff a nation symultaniously thats what a sanction is.

      We have sanctioned the Russians for their ukrainian effort ie all nations hace tariffed them to the point that it makes international trade untennable.

    • @[email protected]
      2•1 month ago

      If something costs $10 from China after paying a tariff, but can be made in your own country for $7, what will happen?

      • Guy DudemanEnglish
        3•1 month ago

        It can’t be made in your own country for $7, because:

        1. Wages aren’t set artificially low in your country, due to currency values and exchange rates.
        2. The raw materials aren’t available in your country (would either need to be mined or imported)
        3. The factory to create the parts from the raw materials doesn’t exist in your country and will need to be designed, permitted, built, and workers will have to be hired and trained. And the wages for the designers, construction companies, engineering companies, and workers will all be higher than those in China.
        4. The factory to assemble the parts from the factory above doesn’t exist either. Same issue as above.
        5. All of the above will take at least a few years to accomplish, and the wages will still be higher than those in China.