The entire global economy is facing tariff wars, Russian Presidential spokesman Dmitry Peskov said.
“Brazil is not the only country facing the consequences of tariff wars. Actually, the entire global economy is facing this one way or another,” Peskov said in an interview with RIA Novosti at the Eastern Economic Forum (WEF).
According to him, no one, including the initiators of tariff wars, knows what the consequences will be.
Earlier, US President Donald Trump said that if customs duties were lifted, the United States could become a third world country.
The U.S. Court of Appeals has declared most of Trump’s tariffs illegal.
