Trump, Russia and tariffs
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Reuters |
U.S. Trade Representative Jamieson Greer told lawmakers on Wednesday that President Donald Trump was not trying to re-invigorate trade with Russia by sparing Russian goods from new tariffs, but it was...
CNN |
“Last Wednesday, President Trump declared a national emergency in response to the large and persistent trade deficit that has built up in recent years,” Greer said according to a copy of his prepared ...
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Russia escaped Trump’s tariffs, but it could still suffer if the price of oil, the Kremlin’s economic lifeline, falls.
Russia’s economy is on the ropes after global oil prices plunged to a 21-month low — with experts warning the drop, triggered by the prospect of Donald Trump’s sweeping new tariffs, could leave the Kremlin dangerously short of cash. According to ...
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The Kyiv Independent on MSNTrump spares Russia from tariffs, but oil price plunge could wreck war economy regardlessU.S. President Donald Trump has inadvertently hit Russia’s economy after his "Liberation Day" tariffs caused oil prices to drop drastically on April 7, with potentially massive ramifications for the Kremlin's ability to fund its ongoing war in Ukraine.
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The Moscow Times on MSNTrump Tariffs Show Disregard for International Norms, Russia SaysAuthorities in Moscow criticized U.S. President Donald Trump’s sweeping new tariffs on Wednesday, accusing him of disregarding international trade rules and raising concerns about the risk of a global trade war.
The Trump administration says sanctions imposed on Moscow mean the U.S. does little trade with Russia, but questions persist about the motivations.
One country missing from President Trump’s new tariff list, despite running a trade surplus with the U.S. of $2.5 billion: Russia. The country was left off of a list of dozens that have much smaller trade imbalances with America,
A slump in Russian stocks adds turbulence to an economy already suffering from sanctions imposed due to Vladimir Putin's invasion.
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The Kyiv Independent on MSNUS did not impose tariffs on Russia 'because we're not doing business,' Trump saysThe U.S. did not impose tariffs on Russia, despite imposing tariffs on over 180 different countries and territories, because "we're not doing business" with Russia, U.S. President Donald Trump said on April 7.
Tariffs will be enacted on roughly $4 trillion in goods imported annually to the United States once the large wave of country-specific higher rates take effect on April 9. Here’s where Trump’s tariffs stand now, and what’s coming next: