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Date: 7 months ago   Category: Finances

New round of trade war — what it threatens Russia?


Trump has introduced duties on the Chinese goods on 200 billion dollars. Ahead one more wave, for even large sum. Trade war can drag on for 20 years and will affect other countries, the founder of Alibaba Jack Ma Foto has told: Damir Sagolj/Reuters Washington doesn't plan the sanction against participants "Nord Stream — 2". It was said by Donald Trump. The USA more than once promised sanctions against the pipeline. But, perhaps, it is necessary to be afraid not of it. The U.S. President announced new duties on the Chinese goods on Monday night. But the auction in New York has unexpectedly opened growth. Probably, the market was tired to be afraid of trade war. Especially she as speak, will be seriously and for a long time. The founder and the owner of the Chinese Alibaba Group Jack Ma has told that war can drag on for 20 years. Also will surely affect other countries. Chinese, to bypass sanctions, will open productions in other states. And it for them, in general, is good. Or will just redirect trade streams to these countries. And it is already bad as producers from the People's Republic of China will probably win against the local companies both at the price, and on quality. In a recent interview of Business FM the Minister of Economics Maxim Oreshkin foretold too that in case of strengthening of trade escalation also Russia can suffer: Maxim Oreshkin the Minister of Economic Development of the Russian Federation "If there everything is aggravated, then it will exert very serious impact on the American and Chinese economies. Always there are such actions which can cardinally change a landscape, and it concerns not only our country, it concerns any country of the world. Russia approaches this period of global volatility in very good shape from the point of view of macroeconomic fundamental indicators. It is an additional safety cushion which is. But, if trade wars come very deeply, it will be painful for all world economy". The USA introduces duties on the Chinese goods into two stages. At first 10%, and since new year — 25%. But the most disturbing is that if Beijing answers, and it can't but answer, then Washington will begin the third stage of sanctions. Duties on the Chinese production on 200 billion dollars are now introduced, and the third wave is already 267 billion. That is actually America will limit all the import from China. And it is already full and most cruel war. And it as the same Jack Ma assumes, won't end with Donald Trump's withdrawal from the White House. All because the discontent with big import from China is only one of the opposition reasons. There are two more, much more important, the asset manager of the International fund of private investments Alexander Dushkin continues. Until recently he didn't see big threat, but has now changed opinion. Alexander Dushkin the asset manager of the International fund of private investments "In the USA consider that China has copied the best technological ideas and has embodied them in the territory. China wants to plow this earth, China wants to gain independently all income from technological business. That is schit the States

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