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What Trump’s tariffs could mean for Russia and China

How much pressure can Donald Trump’s new tariffs place on Russia’s war economy? A new U.S. law gives the president the power to impose tariffs of up to 100% on major buyers of Russian energy, while also strengthening sanctions against Russia’s shadow fleet.

About EBRD

The European Bank for Reconstruction and Development is a multilateral bank founded in 1991 with headquarters in London. The EBRD supports economic development across Central and Eastern Europe and has invested over €20 billion in Ukraine since 1993, making it the bank's largest country of operations. Since February 2022, the bank has mobilized emergency financing for infrastructure repairs and reconstruction.

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