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US tariff hikes destabilise global economy: Kremlin
The Island
|April 09, 2025
The Kremlin spokesperson Dmitry Peskov criticised the United States on Monday for its sweeping tariff hikes, accusing it of undermining global economic stability.
“We are closely monitoring the current situation, which remains highly volatile and emotionally charged,” he said during a daily briefing on Monday.
The US-imposed tariffs on numerous countries have created a climate of economic tension and pessimistic global market projections, said Peskov.
“Of course, we are doing and will do everything necessary to minimize the consequences of this global economic turmoil for our economy,” he added, Xinhua news agency reported.
This story is from the April 09, 2025 edition of The Island.
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