Political Analyst Reveals the Real Reason behind US Tariffs*

*Editor’s note: On March 4, 2022, Russia enacted a law that criminalizes public opposition to, or independent news reporting about, the war in Ukraine. The law makes it a crime to call the war a “war” rather than a “special military operation” on social media or in a news article or broadcast. The law is understood to penalize any language that “discredits” Russia’s use of its military in Ukraine, calls for sanctions or protests Russia’s invasion of Ukraine. It punishes anyone found to spread “false information” about the invasion with up to 15 years in prison.

Political analyst Bashirov: Trump’s new tariffs will help to create jobs in the U.S.

In an interview with NEWS.ru, Marat Bashirov, a professor in the Department of Theory and Practice of Business-Government Interaction at the Higher School of Economics, said that the new tariffs introduced by U.S. President Donald Trump will boost U.S. jobs.

“Trump wants jobs to stay in the U.S. and all business-related tax revenue — including payroll taxes — to remain within the country,” Bashirov said. “The U.S. has been creating many jobs in Mexico and Canada for years, but now Trump is shifting this dynamic. The results already speak for themselves. In March, Trump announced that the country had gained 10,000 jobs in his first full month in office. These weren’t jobs left behind by deported migrants. In fact, Trump's strategy created legitimate, tax-paying jobs for the U.S. workers.”

Bashirov also pointed out that the U.S. administration’s new trade policies are having a ripple effect on Europe’s economy.

“Europe had long depended on three key factors: first, low-cost energy from Russia; second, assembly-line production and cheap labor provided by China; and third, a stable dollar-euro balance maintained by the U.S. Federal Reserve. With all three gone, Europe immediately felt the pain,” the analyst noted.

Earlier, Anastasia Prikladova, an associate professor in the Department of International Business at Plekhanov Russian University of Economics, said the dollar could climb above 100 rubles due to trade tariffs imposed by President Trump. She explained that the new tariffs could trigger oil price fluctuations, affecting the exchange rate.