Date: 4 days ago   Category: Economy

Trade war of the USA and China began to threaten the Russian economy


Trade war of the USA and China can lead to reduction of prices of the Russian resources, TASS of a word of the Minister of Economic Development of the Russian Federation Maxim Oreshkin reports. "It is clear that all this history will negatively affect also demand for the Russian products" — he said. According to the minister, it will lead to reduction of prices of raw materials and key resources (oil, metals and coal). Also easing of global demand, according to him, will have the constraining impact on non-oil export of Russia. At the same time the minister does not see direct effect on macroeconomic indicators from trade war of the USA and China. On teme02:24 — on May 14 China rolled materials American биржиПекин struck back in trade war with the USA. Now the whole world "Clear suffers that despite rhetoric all now, on introduction of these or those duties which are already announced de facto there is no direct effect on trade of the last decisions yet" — Oreshkin noticed. According to him, Russia is one of the most protected economies for external influence now. Last year the head of the Bank of Russia Elvira Nabiullina said that in adverse external conditions of Russia it is necessary to undertake economic reforms. To adverse external to conditions it referred decrease in indicators of emerging markets and also trade wars and new sanctions. What occurs in Russia and in the world? We explain on our YouTube channel. Subscribe!

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