icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
20 Jun, 2019 10:57

US tariffs against China are sanctions by another name, meant to hobble states – Putin

US tariffs against China are sanctions by another name, meant to hobble states – Putin

China and Russia have one thing in common – the US is targeting both nations with economic sanctions that are designed to undermine their economic growth and to help America compete with them, said Vladimir Putin.

“China has nothing to do with Crimea or Donbass [the issues over which Russia was subjected to Western sanctions]. But the tariffs on their goods, which are de facto sanctions, are growing and growing. There is [also] the attack against Huawei,” Putin said.

Where did it come from and what is its goal? The goal is to hold back development [of a state which] has become a global competitor to another global power, the US. The same thing is happening with Russia and it will continue.

The US and China are currently locked in several conflicts. Washington has subjected Chinese exports to increasingly harsh trade tariffs over the past months, triggering a tit-for-tat response from Beijing. The US is also targeting the Chinese electronics manufacturer Huawei, pressuring other nations to reject the company’s bids to upgrade their communications networks to 5G technology.

The Russian president said this at his annual Q&A session, held on Thursday.

Also on rt.com US tech giants are losing billions, quietly lobby to ease Huawei ban – report

Like this story? Share it with a friend!