Trump, Russia and tariffs
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The world is now confronting the reality of President Donald Trump’s long-promised and economically fraught tariff gambit.
From The Washington Post
Trump hit dozens of countries around the world with his latest round of tariffs, though Canada and Mexico were spared from any further levies.
From CBC.ca
President Trump's trade tariffs are sending shockwaves through the global markets with US stocks posting their worst day since 2020.
From CNN
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The Russian economy, mainly insulated from Western markets by sanctions, has escaped immediate damage from sweeping U.S. tariffs but the Kremlin said on Friday it needs to take extra measures to minimise the impact of resulting market turbulence.
Trump is calling his tariff policy "kind reciprocal," saying he could've been much harsher on US trading partners.
16hon MSN
Trump promised tariffs that would mirror what other nations assess. In fact, the calculation is quite different.
One country that did not feature on Donald Trump's list of tariffs on US trade partners was Russia. US outlet Axios quoted White House Press Secretary Karoline Leavitt as saying this was because existing US sanctions on Russia "preclude any meaningful trade" and noting that Cuba,
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After arrival, the Kyiv-born and US-educated envoy said that unnamed forces were trying to stir tension between Washington and MoscowMeanwhile, Russian military bloggers have claimed that hundreds of Ukrainian troops have sought shelter from Moscow’s advancing forces in a Kursk monastery.
A visit by a senior Kremlin envoy to the White House this week may help explain why Russia is not on President Trump's tariffs list - and determine for just how long Russia can stay off tariff target list.
A British judge on Thursday ordered U.S. President Donald Trump to pay more than 625,000 pounds ($820,000) in legal costs to a company he unsuccessfully sued over a dossier alleging he took part in sex acts in Russia.
The approach appears to punish countries based on their trade imbalances with the U.S., rather than the taxes they impose on the U.S. and a combination of other trade barriers Trump claimed the new tariff rates debuted Wednesday are based on.