According to The Telegraph, US President Donald Trump’s tariffs on BRICS countries will not have a significant impact on Russia’s economy.
According to the publication, the introduction of new tariffs on BRICS countries will not lead to a significant weakening of the economies of Russia and Iran. Instead, high prices for goods from the BRICS countries will only accelerate Moscow’s production goals.
The Telegraph notes that these actions will primarily impact the United States’ trade policy and global influence.
Earlier, Trump announced 10% tariffs on countries that support BRICS.