Russia Will Take China's Side Against U.S. in World Trade War

[Kiss_of_the_Dragon]

Russia's economic development minister revealed Tuesday that his government was prepared to side with China in a burgeoning global trade war with the U.S.

President Donald Trump's protectionist trade policies have led China and the European Union to hit back at new U.S. tariffs intended to discourage foreign purchases of steel and aluminum. As a result, the Russian minister, Maxim Oreshkin, said Moscow would assert its rights as guaranteed by the World Trade Organization (WTO) to retaliate with duties against U.S. imports.

"Due to the fact that the U.S. continues to apply protective measures in the form of additional import duties on steel and aluminum and refuses to provide compensation for Russia's losses, Russia is using its WTO rights and introducing balancing measures with respect to imports from the United States," Oreshkin said, according to Russian newspaper Kommersant.

Oreshkin noted that such measures will affect only products that "have alternatives within the Russian Federation" and that the final list would be announced by his ministry in the coming days. While declining to go into specifics, he said the duties would not include medicines but may include construction products.

http://www.newsweek.com/russia-will-take-china-side-against-us-world-trade-war-986417

 

[Kiss_of_the_Dragon]

Now every nation on earth declare a trade war to US, Americans can keep claim that they're right and the world is wrong.

 

[powastick]

Now every nation on earth declare a trade war to US, Americans can keep claim that they're right and the world is wrong.

I believe US is trying to overthrow leftist governments in EU by throwing the global economy into crisis. China is wasting time negotiating with the US.

 

[faithfulguy]

I believe US is trying to overthrow leftist governments in EU by throwing the global economy into crisis. China is wasting time negotiating with the US.

It's obvious that Trump wants to start a trade war. Both China and US are position themselves for a trade war. Whoever position themselves at a favorable position will win.

I hope Trump realize this scenario.

 

[Viva_Viet]

Russia good at selling weapon and oil, so why not waiting for chaos in EU-CN to sell more weapon ??

 

[MrSato1]

Russia good at selling weapon and oil, so why not waiting for chaos in EU-CN to sell more weapon ??

Who will they sell weapons to? and why? Its not like the US and China will engage in hot war, it’s practically a cold war, everything but military!

 

[Chhatrapati]

Whoever position themselves at a favorable position will win.

Nice deduction genius.

Now every nation on earth declare a trade war to US, Americans can keep claim that they're right and the world is wrong.

Meh, countries with huge trade deficits with the US will suffer. Together with many American corporations. In turn, this will hamper the growth of every other country. A trade war with the largest economy in the world is never too good.

 

[seesonic]

Nice deduction genius.


Meh, countries with huge trade deficits with the US will suffer. Together with many American corporations. In turn, this will hamper the growth of every other country. A trade war with the largest economy in the world is never too good.

No sweat genius.

The war against the 7 smallest from the top had already began

 

[Chhatrapati]

No sweat genius.

The war against the 7 smallest from the top had already began

You must be glad that the hyperinflated shithole called Zimbabwe isn't one of them

 

[seesonic]

You must be glad that the hyperinflated shithole called Zimbabwe isn't one of them

No sweat genius

 

[Chhatrapati]

No sweat genius

Evade little looney.

 

[seesonic]

You must be glad that the hyperinflated shithole called Zimbabwe isn't one of them

Evade little looney.

 

[Chhatrapati]

When shown the door, it's interesting to see you have cliche evasive maneuver.

 

[seesonic]

You must be glad that the hyperinflated shithole called Zimbabwe isn't one of them

When shown the door, it's interesting to see you have cliche evasive maneuver.

Comparing which shithole is better and actually proud of it.

Indian logic

 

[Chhatrapati]

Comparing which shithole is better and actually proud of it.

Indian logic

Lol. I didn't compare any country. I just said the hyperinflated shithole called Zimbabwe is not on the list. Just sharing the info about your country.