China Calls Trump’s Tariffs ‘Unilateral Bullying’ and Vows Countermeasures

It is unclear how long the trade war with the U.S. will last… but if it drags on, South America will naturally be the first to benefit,

Sizov said

The U.S. has the most extensive government apparatus in the world dedicated to developing, monitoring and enforcing economic sanctions and export controls,

Voloshin said

Beijing has long adhered to a policy of diversifying energy sources, and Russian supplies already have a significant share of the Chinese oil and coal market,

analyst Alexander Firanchuk told RBC

Russia benefits from retaliatory Chinese restrictions on the said group of U.S. goods,

said Marina Amurskaya, head of the international business department at Russia’s Financial University

If the whole world gets involved in a trade war, everyone will certainly not care about Russia and Ukraine,

economist Dmitry Nekrasov said when describing the scale of potential confrontation between the U.S. and other large economies

Perhaps the supply of animal products from Russia will be a little more active, and perhaps Beijing will return to the issue of full admission of Russian wheat to its market,

he added

Whether it's the U.S. Treasury Department's Office of Foreign Assets Control or the Commerce Department's Bureau of Industry and Security, their personnel have little to do with trade disputes or pure trade measures, such as U.S. tariff policy,

he said

However, with the U.S. remaining the world's only true superpower, such a scenario is unlikely. China is visibly interested in mending ties with the U.S., or at the very least avoiding an escalation of bilateral tensions,

he said

China urges the U.S. to properly resolve differences with trading partners through equal dialogue,

the statement said,

Many trading partners have expressed strong dissatisfaction and clear opposition,

the ministry said in a statement responding to Wednesday's U.S. announcement of reciprocal tariffs

There is no winner in a trade war, and protectionism leads nowhere,

the spokesperson said

The Chinese side firmly opposes this and will take necessary measures to resolutely safeguard its legitimate rights and interests,

said the spokesperson, reiterating that