Russia said Wednesday that US President Donald Trump’s sweeping tariffs showed his disregard for the foundations of international trade, as Moscow raised concerns about a global trade war. Trump’s punishing tariffs on dozens of economies took effect Wednesday, including over 100 percent on China, as Beijing vowed “forceful” action in an intensifying trade war that sparked fresh panic on the markets. Russia has deepened economic and political ties to China since launching its offensive on Ukraine three years ago but is also pushing a rapprochement with Washington and hopes to have Western sanctions lifted.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Ukraine warns Iran against sending arms to Russia

Kyiv: On Oct 28, Ukraine’s Foreign Minister Dmytro Kuleba said that on…

China ends Covid quarantine for travellers in January

China will scrap quarantine for travellers from 8 January, officials said, marking…

PM Shehbaz directed proper security of Chinese nationals in Pakistan

Prime Minister Shahbaz Sharif urged on Tuesday, a day after a telephone…

Twenty-nine people killed in Israeli attacks on northern Gaza

At least 29 Palestinians, including children, were killed in Israeli attacks on…