Russia and Spain in the midst of global trade wars

In recent years, the world economy has become more unstable and relations between countries in different regions have deteriorated. As a result, we can talk about an international economic confrontation. The main reasons for this situation seem to be traceable: so-called trade wars, neo-protectionis...

Full description

Bibliographic Details
Main Author: P. Yakovlev
Format: Article
Language:Russian
Published: Moscow State Institute of International Relations (MGIMO) 2019-12-01
Series:Ибероамериканские тетради
Subjects:
Online Access:https://www.iberpapers.org/jour/article/view/380
_version_ 1797881892184260608
author P. Yakovlev
author_facet P. Yakovlev
author_sort P. Yakovlev
collection DOAJ
description In recent years, the world economy has become more unstable and relations between countries in different regions have deteriorated. As a result, we can talk about an international economic confrontation. The main reasons for this situation seem to be traceable: so-called trade wars, neo-protectionism, financial and other sanctions. Many countries around the world, including Russia and Spain, are victims of one or more aspects of the phenomenon. Trade wars are undoubtedly at the heart of economic battles. They have a long history, but the current wave of trade wars has been driven by President Donald Trump’s economic policies. In his opinion, the root of the U.S. economic problems lies in its trade deficit with China, the European Union, Mexico and some other countries of the world. With the idea that “trade wars are good and easy to win”, Washington unilaterally tore up the agreements reached: the Paris climate accord, the Trans-Pacific Partnership, the nuclear deal with Iran, the free trade agreement with Mexico and Canada. In addition, Trump has raised tariffs on hundreds of manufactured goods imported by the United States (steel, aluminum, washing machines, solar panels, etc.) and threatened the European Union with higher tariffs on cars. The trade wars unleashed by the White House will have long-term direct and indirect consequences for the state of the world economy. Russia and Spain are heavily dependent on international markets. That is why complications in world trade are contrary to the interests of both countries.
first_indexed 2024-04-10T03:26:23Z
format Article
id doaj.art-3e3f231f814b44ef8e894bc0c8bfd875
institution Directory Open Access Journal
issn 2409-3416
2658-5219
language Russian
last_indexed 2024-04-10T03:26:23Z
publishDate 2019-12-01
publisher Moscow State Institute of International Relations (MGIMO)
record_format Article
series Ибероамериканские тетради
spelling doaj.art-3e3f231f814b44ef8e894bc0c8bfd8752023-03-13T07:27:40ZrusMoscow State Institute of International Relations (MGIMO)Ибероамериканские тетради2409-34162658-52192019-12-0104586610.46272/2409-3416-2019-4-58-66373Russia and Spain in the midst of global trade warsP. Yakovlev0Instituto de Latinoamérica de la Academia de Ciencias Rusa; Universidad Económica Rusa PlekhanovIn recent years, the world economy has become more unstable and relations between countries in different regions have deteriorated. As a result, we can talk about an international economic confrontation. The main reasons for this situation seem to be traceable: so-called trade wars, neo-protectionism, financial and other sanctions. Many countries around the world, including Russia and Spain, are victims of one or more aspects of the phenomenon. Trade wars are undoubtedly at the heart of economic battles. They have a long history, but the current wave of trade wars has been driven by President Donald Trump’s economic policies. In his opinion, the root of the U.S. economic problems lies in its trade deficit with China, the European Union, Mexico and some other countries of the world. With the idea that “trade wars are good and easy to win”, Washington unilaterally tore up the agreements reached: the Paris climate accord, the Trans-Pacific Partnership, the nuclear deal with Iran, the free trade agreement with Mexico and Canada. In addition, Trump has raised tariffs on hundreds of manufactured goods imported by the United States (steel, aluminum, washing machines, solar panels, etc.) and threatened the European Union with higher tariffs on cars. The trade wars unleashed by the White House will have long-term direct and indirect consequences for the state of the world economy. Russia and Spain are heavily dependent on international markets. That is why complications in world trade are contrary to the interests of both countries.https://www.iberpapers.org/jour/article/view/380rusiaespañainestabilidad globalpolítica económica de d. trumpguerras comercialesneoproteccionismosanciones económico-financierasintereses de empresas rusas y españolas
spellingShingle P. Yakovlev
Russia and Spain in the midst of global trade wars
Ибероамериканские тетради
rusia
españa
inestabilidad global
política económica de d. trump
guerras comerciales
neoproteccionismo
sanciones económico-financieras
intereses de empresas rusas y españolas
title Russia and Spain in the midst of global trade wars
title_full Russia and Spain in the midst of global trade wars
title_fullStr Russia and Spain in the midst of global trade wars
title_full_unstemmed Russia and Spain in the midst of global trade wars
title_short Russia and Spain in the midst of global trade wars
title_sort russia and spain in the midst of global trade wars
topic rusia
españa
inestabilidad global
política económica de d. trump
guerras comerciales
neoproteccionismo
sanciones económico-financieras
intereses de empresas rusas y españolas
url https://www.iberpapers.org/jour/article/view/380
work_keys_str_mv AT pyakovlev russiaandspaininthemidstofglobaltradewars