Dmitry Medvedevthe: Ekaterina Shtukina / RIA Novosti
Prime Minister of Russia Dmitry Medvedev said that a trade war is a fashionable topic that begins “literally, with one hand or a Twitter account”. About it reports TASS.
Fashion trade war, as he noted, was one of the reasons why Russia needs a “cautious” budget policy. He warned that it is possible new challenges associated with the escalation of trade wars.
“We believe a very conservative estimate, without high expectations, having in mind the factors of global uncertainty and pressure that is maintained on our economy, on our country,” — said the Prime Minister.
Thus, according to him, the balance in the Russian economy that exists today, “difficult to recognize the best.” Preserved structural constraints that hinder the development have not gone away, according to Medvedev, and old challenges.
In August, US President, Donald trump declared victory over China in a trade war, which he launched earlier this year. According to trump, although there was a risk that the Chinese economy will shift us from the first place, the threat has passed. This has been achieved through the introduction of protectionist duties on various groups of Chinese goods.
Video, photo All from Russia.