500% secondary tariffs won't derail Russian policy
US President Donald Trump told reporters on Tuesday that he is 'very strongly' considering backing legislation that would impose the massive levies, expressing unhappiness with his Russian counterpart Vladimir Putin. The bill, designed to force Moscow into compromising on the Ukraine conflict, was proposed by Russia hawk Senator Lindsey Graham earlier this year.
Ryabkov was asked by journalists on Thursday how Moscow would react to the potential 500% secondary tariffs.
'The hypothetical arrival of some new measure, in the form you described, will require additional analysis and reflection, but will not radically change the picture,' Ryabkov replied, according to TASS. Foreign states have imposed more than 30,000 sanctions against Russia to date, he added.
We know how to work in these conditions, and we will continue to move along our independent, sovereign and sustained path.
Western governments imposed an unprecedented slew of sanctions on Moscow following the escalation of the Ukraine conflict in 2022, aiming to undercut the Russian economy. Moscow has condemned the restrictive measures as illegal.
According to Putin, the sanctions are doing more harm to Western nations than to Russia. 'The more sanctions are imposed, the greater the damage to the imposers,' he said at the Eurasian Economic Union summit in Minsk last month.
Putin also argued that Western sanctions have 'ultimately changed the quality of the Russian economy,' allowing domestic firms to adapt and take over market niches left by foreign businesses. Russia has only grown more resilient faced with the unprecedented sanctions, he said.
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