Russia says rising tariffs threaten US and global economy
by Reuters Jul 24, 2025
Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that rising trade tariffs carried risks for the economy of the United States and the whole world.
Zakharova was commenting on U.S. trade policy under President Donald Trump, who has aggressively raised tariffs on countries exporting to the U.S.
Trump last week also threatened heavy new sanctions against Russia and countries that buy its exports unless Moscow agrees to a Ukraine peace deal by early September.
Zakharova told a press briefing that U.S. actions could lead to a "fragmentation of the world economy", and the U.S. had become a source of additional instability in world trade.
(Reporting by Dmitry Antonov, Writing by Felix Light; Editing by Mark Trevelyan)
Reuters
Similar Stories
Berlin and UkraineInvest establish first U.S. partner office to expand American investment in Ukraine
View ArticleUS, Australia sign Customs Mutual Assistance Agreement
CMAA enhances trade and security cooperation
View Article
‘China Shock 2.0’: EU primed for action?
View ArticleAfreximbank Africa Trade Report shows Africa can turn geopolitical disruptions into long-term growth opportunity
The report highlights Africa’s continued growth resilience despite significant headwinds occasioned by escalating geopolitical tensions and ensuing economic shifts
View Article
Strait of Hormuz tensions highlight need to put seafarer welfare at the center of contingency planning, says AVS Global Ship Supply
View ArticleFreight forwarders helped make Brexit-era UK–EU trade manageable
As the UK marks ten years since the Brexit referendum, the British International Freight Association (BIFA) is highlighting the vital role played by its members in helping businesses adapt to…
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
