US EditionHow Trump’s Backfiring Trade War Could Crash Putin’s Economy
- U.S. President Donald Trump's tariffs caused a significant drop in Russian oil prices, impacting Russia's economy and its ability to fund the war in Ukraine according to Argus Media.
- Russia's oil revenues contribute approximately 30% to its state budget, and falling prices may force the Kremlin to seek a truce in Ukraine, warns Wojciech Jakobik.
- Kremlin spokesperson Dmitry Peskov stated that the Russian government is monitoring the economic situation closely to minimize the impact of U.S. Tariffs.
- As oil prices continue to plummet, Russian authorities face severe fiscal threats, possibly leading to a collapse of the ruble, reported RBK Daily.
19 Articles
19 Articles
Oil price: Just like Trump's policy hits Russia
Russia does not get new tariffs, the channels of conversation with the US work and even Trump is looking for Putin's favor. However, the US's tariff policy temporarily plunged the oil price sharply, the raw material is Russia's most important export commodity. WORLD explains what this means for Moscow's finances.
Trump's policies are so disastrous for Putin that he may be forced to negotiate a ceasefire
What initially seemed like a stroke of luck for Vladimir Putin is now turning into a serious threat to the Kremlin. Because Donald Trump’s economic crusade has, whether intentionally or not, dealt a serious blow to the heart of the Russian economy: crude oil revenues. Trump could thus unintentionally force Russia to negotiate a ceasefire in Ukraine.
#15: Hundreds of billions in accounts – the Russians have money...
Donald Trump's customs policy does not directly, but indirectly, transfer a massive blow to the Russian economy that is comparable to sanctions. How much will this shake the financial base of the state? How much money does Russia have left after three years of Ukraine war? And how can it be explained that the Russians have suddenly saved hundreds of billions of dollars in their private accounts that the state would need so urgently?
Trump spares Russia from tariffs, but oil price plunge could wreck war economy regardless
U.S. President Donald Trump has inadvertently hit Russia’s economy after his "Liberation Day" tariffs caused oil prices to drop drastically on April 7, with potentially massive ramifications for the Kremlin's ability to fund its ongoing war in Ukraine.Russia has so far failed to agree to a full ceasefire, and while Trump has been vocal about being "pissed off" and "very angry" with the Kremlin, he is yet to take any concrete action to force Russ…
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