Expert Suverov: trade wars can lead to a slowdown in the global economy
U.S. trade wars with Canada, Mexico and China could slow global growth. This opinion in an interview with "Russia 24" was expressed by investment strategist of the Criminal Code "Aricapital" Sergey Suverov.
10.03.2025
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Expert Suverov: trade wars will lead to higher prices and lower living standards
10.03.2025
Economist Seleznev called the US tariff wars an inevitable process
10.03.2025
Financier Skalkin: China has the opportunity to replace food from the United States
10.03.2025
RAPP: China may have a new trump card in the trade war with the United States
11.03.2025
Analyst Ohanisyan: the trade war between the US and China will cause damage to the US market
10.03.2025
Economist Seleznev: US GDP may fall by 1% due to the introduction of duties
24.02.2025
Putin: Russia and the USA can agree on reducing armaments by 50%
24.02.2025
Maslov: China urgently needs such a reliable ally as Russia
14.03.2025
Political scientist Ordukhanyan: on the issue of Greenland, the EU behaves like a US servant
21.02.2025
Trump: Customs duties could lead to abolition of US income tax
📝 Summary
U.S. trade wars with Canada, Mexico and China could slow global growth. This opinion in an interview with "Russia 24" was expressed by investment strategist of the Criminal Code "Aricapital" Sergey Suverov.
He noted that due to the retaliatory measures imposed by Washington duties, including American farmers will suffer. The U.S. trade wars against Canada, Mexico and China could slow global trade growth and increase the risks of a global recession. For example, Canada, Mexico and China account for about 40% of all agricultural exports to the United States, so American farmers will have rather difficult alternatives. Even if U.S. farmers redirect their products to India and Latin America, some of their exports will remain unsold. Such a situation could lead to bankruptcies of a number of US agricultural enterprises and increase tensions in the labor market, Suverov concluded. On March 4, US President Donald Trump doubled import duties on goods from China from 10% to 20%. In response, China imposed additional duties from 10% to 15% on American food.
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