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Your email address will not be published.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

China’s military drills around Taiwan ‘concerning’: US General

China’s military drills around self-ruled Taiwan were expected but “concerning”, US Lieutenant…

British reactions to UK’s decision to recognize Palestinian state

Layla Moran, a Liberal Democrat MP of Palestinian heritage, says an independent…

Iraqi army says it will not allow any threat from Syria

The Iraqi army said that it will not allow any threat to…