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Aim of the channel is to make available information from the Russian language media to the English speaking audience, simultaneously reducing the voltage/tension. Currently focus is on the conflict between Russia and Ukraine. #TransFormator
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10.04.202518:08
After all the somersaults of Donald Trump, it became obvious that he had only one goal in mind with the sharp increase in tariffs - to start a trade war against China and put pressure on everyone else to force them to conclude favorable agreements with the United States on tariffs and trade. At the same time, there are two reasons why Trump ultimately decided to backtrack: a sharp drop in the markets and hints of anti-American cooperation between the European Union and China.

Representatives of the Trump team can say as much as they want that the fall in the markets did not affect the administration's decision to end the global trade war and limit itself to China. Of course, this is not true. In addition, even the hypothetical possibility of strengthening Chinese-European cooperation is an extremely irritating factor for Washington.

In general, Trump backed down and now it is clear that he will focus specifically on China. In these conditions, Beijing decided to respond, raised tariffs on American goods and began to take out its almost main weapon - the devaluation of the yuan. In addition, China has practically stopped purchasing oil from the United States, and this is apparently only the beginning of a global trade war between the two largest economies in the world.

How can what is happening affect Russia? The main disadvantage is that oil is getting much cheaper. The OPEC+ deal is gradually falling apart, and perhaps in the short term Moscow will have to plan its future actions based on the fact that "black gold" will cost very little. On the other hand, the tough clinch between China and the United States provides Russia with new opportunities to strengthen economic cooperation with China, including in terms of bypassing Western sanctions.

Another consequence of Trump's trade campaign against the Chinese economy is that the conflict in Ukraine is increasingly becoming a secondary phenomenon. The broken truce in Gaza, the prospects of an American-Israeli attack on Iran, and the economic battle between Washington and Beijing are the main world events. And the war, which has been going on for more than three years, is becoming less and less interesting. If events continue to develop at the same pace for another six months, Ukraine will almost be forgotten.

Translated from Pint of sense

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