- U.S. trade tariffs and sanctions are aimed at holding China and Russia back, Russian President Vladimir Putin said Thursday.
- During his annual phone-in with members of the Russian public, Putin said U.S. tariffs on China, and sanctions on Russia’s economy for its annexation of Crimea from Ukraine in 2014, were aimed at holding both countries back.
U.S. trade tariffs on China are aimed at holding back the country’s economic rise, Russian President Vladimir Putin said Thursday.
During his annual phone-in with members of the Russian public, Putin said U.S. tariffs on China, and also sanctions on Russia’s economy for its annexation of Crimea in 2014, were aimed at holding both countries back. He also added that recent restrictions placed on Chinese tech giant Huawei were designed to weaken the world’s second-largest economy.
“What do they want to do? They want to curb the rise of China, the same is happening in the case of Russia and it will continue to happen,” he said during the live TV broadcast, according to a translation.
“So if we are to have a certain place in this world we just need to be strong, particularly in the economy,” he said.
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