Business

08.09.2025

Impact of Tariffs on International Trade

Illustration for: Impact of Tariffs on International Trade

In an interview with ‘Sputnik’ radio, Allama said that these tariffs affect movement, considering that the limits of customs extortion exceed the logical and rational limit related to how international trade is regulated, which affects countries importing raw materials from other countries.

Allama pointed out that the Brazilian president views this issue as interference in the internal affairs of states.

The economic expert noted that some countries within its orbit are trying to exert pressure through sanctions on BRICS countries. He confirmed that there are alternative ways to overcome these sanctions, and therefore, the United States will not be able to prevent these countries from exercising their right to global trade by seeking to find an alternative system to the current one.