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Investing.com -- Russia’s Foreign Ministry warned on Thursday that increasing trade tariffs could harm both the U.S. and global economies, responding to President Donald Trump’s recent trade policies.
Foreign Ministry spokeswoman Maria Zakharova made the comments during a press briefing, specifically addressing Trump’s aggressive tariff increases on countries exporting to the United States.
Zakharova cautioned that U.S. trade actions could lead to a "fragmentation of the world economy" and claimed the United States had become a source of additional instability in world trade.
Her remarks come after Trump threatened heavy new sanctions against Russia and countries purchasing Russian exports unless Moscow agrees to a Ukraine peace deal by early September.
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