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Your email address will not be published.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

Iran tells UN chief it is ready with ‘decisive’ response to Israeli attack

Iran’s Foreign Minister on Wednesday told UN Secretary General Antonio Guterres it…

Earthquake shakes Swat, Mingora and surrounding areas

Swat, Mingora, and adjacent areas are shaken by an earthquake. Swat, Mingora,…

Israeli forces raid money exchange shops in occupied West Bank

Israeli forces raided five money exchange offices in the occupied West Bank…