• Home
  • Economy
  • Putin Warns US Tariffs on Russia’s Trade Partners Could Backfire

Putin Warns US Tariffs on Russia’s Trade Partners Could Backfire

Putin warns that US tariffs on Russia’s trade partners could backfire, creating economic risks and global instability.

Putin Warns US Tariffs on Russia’s Trade Partners Could Backfire

Putin warns that US tariffs on Russia’s trade partners could backfire, creating economic risks and global instability.

 

He emphasized that such measures may undermine not only Russia’s economic relations but also the global trade system, sparking uncertainty for multiple nations.

 

According to the Russian President, the new tariff policies imposed by the United States are not just targeted at Russia but could also harm the interests of countries that maintain strong trade partnerships with Moscow. Putin highlighted that these restrictions could trigger a domino effect, weakening supply chains, reducing market stability, and fueling inflation in various parts of the world.

 

He further noted that attempts to isolate Russia economically are bound to have unintended consequences, as many nations rely on Russian energy, raw materials, and exports. By targeting Russia’s partners, the US risks straining its own relations with key global economies and destabilizing international trade frameworks.

 

Economic analysts also point out that while the US aims to exert pressure on Russia, the spillover effects could create financial stress in developing markets, disrupt commodity pricing, and accelerate the shift toward alternative trade alliances.

 

Putin’s statement comes at a time when global trade is already under strain due to geopolitical conflicts, energy crises, and inflationary pressures. The warning underscores the complexities of international sanctions and tariffs, suggesting that the repercussions may extend far beyond the intended

targets.


RBI appoints Shirish Chandra Murmu as Deputy Governor for three years

RBI appoints Shirish Chandra Murmu as Deputy Governor for three years

RBI has appointed Shirish Chandra Murmu as Deputy Governor for a three-year term, marking a signific...
In Letter to Citizens, PM Modi Urges Support for 'Made in India' Products

In Letter to Citizens, PM Modi Urges Support for 'Made in India' Products

PM Modi appeals to citizens to prioritize 'Made in India' products, highlighting self-relian...
Anil Ambani Denies Role in RCom After Bank of Baroda Labels Him 'Fraud

Anil Ambani Denies Role in RCom After Bank of Baroda Labels Him 'Fraud

Anil Ambani strongly denied any involvement in Reliance Communications (RCom) after Bank of Baroda d...
Cheaper Russian Oil, More S-400 for India Likely Amid Trump Tariffs

Cheaper Russian Oil, More S-400 for India Likely Amid Trump Tariffs

India may secure cheaper Russian oil and additional S-400 missile systems as a strategic response to...
Centre to Reduce GST on 90% of Taxable Items from 28% to 18%

Centre to Reduce GST on 90% of Taxable Items from 28% to 18%

The government has announced a major GST rate cut, reducing taxes on 90% of taxable items in the 28%...
Donald Trump Says India’s Tariffs Deliver a Blow to Russian Economy

Donald Trump Says India’s Tariffs Deliver a Blow to Russian Economy

Former US President Donald Trump claimed that India’s recent tariff measures have significantl...
Shashi Tharoor Reacts to Rahul Gandhi Backing Trump's ‘Dead Economy’ Remark

Shashi Tharoor Reacts to Rahul Gandhi Backing Trump's ‘Dead Economy’ Remark

Shashi Tharoor responded to Rahul Gandhi’s support of Donald Trump's 'dead economy'...
Nationwide Strike on 9th July: Over 25 Crore Workers Set to Protest, Disruptions in Public Services Expected

Nationwide Strike on 9th July: Over 25 Crore Workers Set to Protest, Disruptions in Public Services Expected

Over 25 crore workers are expected to participate in a nationwide strike on 9th July, raising concer...