
Russian and US flags are seen on the US Embassy in central Moscow on November 5, 2024, on the day of US Presidential election.
Alexander Nemenov/AFP through Getty Photographs
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Alexander Nemenov/AFP through Getty Photographs
MOSCOW — As world governments and markets reel from steep new tariffs imposed by the Trump administration, there was one main financial system notably lacking from the White Home checklist — specifically, Russia.
It’s already the goal of huge Western sanctions on the monetary, power and protection sectors. Oligarchs and lots of of high-ranking officers with Kremlin ties have additionally been slapped with sanctions. Tariffs on Russia, subsequently, would have taken the nation’s financial challenges to the following degree.