#USChinaTradeWar #GlobalEconomy #TradePolicies
In response to the announcement by President Trump of the United States regarding “reciprocal tariffs,” concerns have arisen in Russia and Belarus that the economies of the Western countries will suffer as a result.
Dmitry Medvedev, the Deputy Chairman of Russia’s Security Council, expressed his views on the matter on the 3rd of this month. He stated that the implementation of reciprocal tariffs proposed by the US could potentially lead to the self-destruction of the Western economies, particularly affecting Russia and Belarus.
The ongoing trade tensions between the United States and China have sparked a wave of protectionist measures globally. The uncertainty surrounding the future of international trade has prompted various countries to reassess their economic policies and strategies.
As reported by Ramesh Khatri, a representative of Kansai Nepal News, this development raises concerns about the stability of the global economy and the potential repercussions on international trade. Khatri emphasizes the importance of diplomatic efforts and constructive dialogue between nations to mitigate the negative impact of escalating trade disputes.
—
Author: MAYA | HARUTO
Posted at: April 4, 2025 6:00 am
