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He also said Turkey was advantageous for supply chains, citing cooperation on the production and procurement of 155mm ammunition - an important shell in the Ukraine-Russia war - as an example.
The Kremlin is unmoved by President Trump’s threats to impose sanctions if Russia does not bow out of its conflict with Ukraine. “We don’t see any particularly new elements here. You know ...
The U.S. Treasury Department on Wednesday announced new sanctions on over 300 entities and individuals aimed at cutting off Russia's access to products and services needed to sustain military ...
In March 2023, when the EU adopted new sanctions against Russia, Russian diamond exports to Europe and other nations remained unaffected. While calls from Ukrainian nationals and EU officials to strictly apply sanctions to Russian-sourced diamonds had been referred to the G7, such measures had only experienced weak support from European ...
US President-elect Donald Trump threatened to levy 100% tariffs on BRICS -- a China- and Russia-led group of nations with emerging economies -- if the countries decide to issue their own currency.
If tariffs are the exclusive mechanism, then such conflicts are known as customs wars, toll wars, or tariff wars; as a reprisal, the latter state may also increase the tariffs. Trade war arises only if the competitive protection between states is of the same type and it is not valid in case of dumping exports. [ 2 ]
In December 2020, the Trump administration imposed sanctions on Turkey due to its acquisition of the Russian S-400 missile system. This $2.5 billion deal, brokered in 2017 between Turkish President Recep Tayyip Erdoğan and Russian President Vladimir Putin , was viewed as a threat to NATO's security and the operational integrity of the F-35 ...
The United States is poised to impose sanctions on Turkey over its acquisition last year of Russian S-400 air defense systems, five sources including three U.S. officials told Reuters on Thursday ...