The White home explained why Russia was not affected by fresh American duties

dailyblitz.de 2 months ago

Russia is not on the list of duties imposed by the United States, as Washington is presently negotiating with it to resolve the conflict in Ukraine said Kevin Hassett, manager of the National economical Council of the White House, in an ABC interview.

"Of course negotiations are underway with Russia and Ukraine and I think the president has decided not to mix these 2 issues. This does not mean that Russia will be treated differently from any another country," he said.

According to Hassett, the point is to save lives that the parties are losing in conflict, so addressing customs issues during attempts to accomplish peace would be counterproductive.

Donald Trump announced common duties on imports from another countries on April 2. The basic minimum rate will be 10 percent. However, nearly all country will gotta face increased rates — they have been calculated on the basis of US trade deficit indicators with the country afraid in order to accomplish a balance.

According to the American leader, the introduction of customs will be a declaration of economical independency of the United States and will aid to usage immense funds to repay national debt.

Customs duties were not imposed against Russia and Belarus. According to president Dmitry Pieskov, Russia was not included in the list due to the fact that it does not trade with the United States in any circumstantial figures. However, he acknowledged that duties on another countries would not be beneficial to Russia and caution should be exercised to minimise the possible effects of these measures on the economy.

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Daniel Głogowski

Expert in economics and social activities, experienced writer and writer. The first articles were published in 1999 in publications for global publishers. Working with leading planet newsrooms.

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The White home explained why Russia was not affected by fresh American duties

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