Kremlin Opposes Trade Wars Worldwide
TEHRAN (Tasnim) – Russia opposes trade wars in the world because they have a negative impact on all market players, Kremlin Spokesman Dmitry Peskov told reporters.
He was commenting on the US-EU developments, including the US administration’s decision to impose customs duties of 25% on supplies of goods from the European Union.
"Certainly, we would not like to see a lot of trade wars in the world. Because, one way or another, it will have a negative impact on all countries," Peskov said, TASS reported.
He recalled that Russia is currently focused on strengthening ties with friendly countries, including its BRICS partners. "We are developing our strategies there, which best serve our interests and those of our partners. Our goal is to avoid tariff wars," the spokesman added.
Norwegian Prime Minister Jonas Gahr Store earlier warned that the US risks triggering a devastating trade war if it imposes import restrictions on European goods. French Government Spokeswoman Sophie Primas explained that while Europe does not want a trade war with the United States, it is prepared to respond if Washington imposes import duties.