The world is right to worry.
The negative impact of trade wars on the world economy could manifest very soon, but in the long run they will have a positive effect on Europe and Russia.
Most commodities are traded in dollars, and Russia, as we know, is a commodity and exports-oriented power. As such, the rejection of the dollar in favor of other currencies is completely justified, and this idea should be allowed to be pursued.
What the U.S. government lacks in terms of diplomacy and political imagination it makes up for with a singular slap-happy policy.
Reopening diplomatic channels is urgent.