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Your email address will not be published.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 executes four linked to Israel’s Mossad

Iran said it has executed four “saboteurs” linked to Israel’s Mossad intelligence…

Israel’s UN envoy warns Iran may ‘sow global chaos’ during US presidential transition

Israel’s UN envoy cautioned on Wednesday that the upcoming US presidential transition…

Israeli army issues order for Gazans in Khan Younis to move west

The Israeli army has issued an order for people in areas in…

Roman-era cabin, royal sphinx statue uncovered in Egypt

An Egyptian archaeological mission discovered a sphinx statue inside a Roman-era limestone…