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Russia's Security Council: New US tariffs threaten global trade system

Russian Security Council Deputy Chairman Dmitry Medvedev said on Thursday (3/4) that new tariffs imposed by the United States (US) on almost all countries have plunged the global trade system into a very challenging situation.

Russia's Security Council: New US tariffs threaten global trade system


"The impact will be global. Old trade chains will be broken, but new ones will emerge. We will impose reciprocal tariffs on US goods," Medvedev said on Telegram.

Medvedev also said that Russia has maintained strong development despite sanctions imposed by the US and Europe over the Ukraine crisis.

"The Russian economy will grow by 3 percent in the first quarter of 2025," Medvedev said.

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