The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 6/2025. World Economy.
Daria I. Ushkalova
Cand. Sci. (Econ.), Head of the Center for International Macroeconomics Research and Foreign Relations, Institute of Economics of the RAS, Moscow, Russia
ORCID: 0000-0003-1517-4698
D. TRUMP’S TARIFF POLICY AND RUSSIA’S FOREIGN TRADE
109-126 |
402.53 K |
The article analyzes in detail the specifics of the tariff policy of the Trump administration, including its origins, legal grounds and theoretical grounds, non-compliance with the norms of the World Trade Organization, effectiveness in modern conditions and consequences for the global economy and international trade. The conclusion is drawn about the limited effectiveness of this policy in relation to US trade with China. The impact of D. Trump’s tariff policy on Russia’s foreign trade is considered separately.
Keywords: D. Trump’s tariff policy, US foreign trade policy, reciprocal tariffs, US-China trade war, Russian foreign trade.
JEL: F13, F51, F52, F53
EDN: OUOHBB
DOI: https://doi.org/10.52180/2073-6487_2025_6_109_126
References
- R. 764, United States Reciprocal Trade Act. https://www.congress.gov/bill/116thcongress/house-bill/764?q=%7B%22search%22%3A%5B%22duffy%22%5D%7D (дата обращения: 30.11.2025).
- The United States Reciprocal Trade Act: Estimated Job & Trade Deficit Effects. White House Office of Trade and Manufacturing Policy. May 2019. https://www.wsj.com/public/resources/documents/RTAReport.pdf?mod=article_inline).
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- World Economic Outlook: Global economy in flux, prospects remain dim. Washington, IMF, October 2025.
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- Commodity Markets Outlook, October 2025. Washington, DC: World Bank, 2025.
Manuscript submission date: 25.10.2025
Manuscript acceptance date: 18.11.2025
For citation:
Ushkalova D.I. D. Trump’s tariff policy and Russia’s foreign trade // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 6. Pp. 109-126. (In Russ.). https://doi.org/10.52180/2073-6487_2025_6_109_126 EDN: OUOHBB



109-126
402.53 K




