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Your email address will not be published.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

Afghan representatives pull out of UNGA

Monica Grayley, a spokeswoman for the assembly’s president, has reported that the…

Indian Air Force’s training aircraft crashes in northern India, both pilots safe

An Indian Air Force training aircraft crashed in the northern Uttar Pradesh…

Israel had ‘no alternative’ to resuming Gaza operations: Foreign Minister

The Israeli Foreign Minister Gideon Saar has said the country had “no…

India trade unions condemn new labour codes, plan nationwide protests

Ten large Indian trade unions condemned the government’s rollout on Friday of…