Kremlin on U.S.-China trade war: not to exaggerate its impact on Russia

 Kremlin on U.S.-China trade war: not to exaggerate its impact on Russia

Russian Presidential spokesman Dmitry Peskov said that the U..S-China trade dispute will affect everyone, though one should not exaggerate its negative impact on the Russian economy.

This  trade war "cannot but have consequences for the global economic climate," he said, noting that "those consequences are rather negative than positive". 

At the same time, Peskov stressed that the Russian economy is demonstrating "quite sustainable development from the viewpoint of basic parameters now."

The Presidential spokesman said that the measures to stabilize economy and hedge trade and economic turbulence risks being assumed are noticeable. "The stabilizing effect of the government’s measures is evident," TASS cited him as saying.

The U.S. and China "can wage those trade wars, though that is not our war," Peskov noted. Russia is "interested in building independent relations both with China and with the US," the spokesman concluded.

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