Trump Tariffs Could Undercut Russian Industry, Central Bank Adviser Warns

INSUBCONTINENT EXCLUSIVE:
U.S
President Donald Trump's trade wars may hurt the Russian economy in ways that go beyond falling oil prices and shrinking budget revenues.If
the U.S
global markets, including our own
which are primarily raw materials and less sensitive to currency fluctuations
trading partner since the invasion of Ukraine triggered far-reaching Western sanctions and an exodus of Western companies.Last year, Beijing
Gaidar Institute.The majority of Chinese imports consist of machinery and consumer goods
that remains strong and significantly outpaces supply
most marginal segment of the market; that is, they make more money with fewer cars
due to high interest rates and a nationwide labor shortage
Output fell in the first quarter and by March had dropped to its lowest level in two years, according to the state-linked Center for
Macroeconomic Analysis and Short-Term Forecasting (TsMAKP).A fresh wave of inexpensive Chinese imports could further undermine struggling
domestic sectors.The concern extends beyond consumer goods