The trade policy that the United States is currently pursuing is preserving the crisis in the country and undermining investor confidence in the American economy.
„In essence, with its actions, the United States is literally preserving the crisis in the country and undermining investor confidence in the American economy. Instead of acting as a responsible and predictable player in the global economy, today it is more likely to be a source of additional instability in international trade“, said Russian Foreign Ministry spokeswoman Maria Zakharova at a briefing.
According to Zakharova, Washington's trade policy, which is based on hyper-protectionist rhetoric and the actual accumulation of tariff barriers, is increasingly at odds with the basic provisions in the field of free trade. “And this, accordingly, harms supply chains, leads to an increase in costs for businesses, the end consumer in the United States itself.“
“What can such a policy lead to in the future? To the fragmentation of the world economy, it can weaken the prospects for global economic growth“, the official representative of the Russian diplomatic service pointed out.