US Plays 'With No Rules' On Energy Market By Using Protectionist Policy - Moscow

US Plays 'With No Rules' on Energy Market by Using Protectionist Policy - Moscow

The United States is actively using protectionist policy for unfair play on the global market, Russian Deputy Foreign Minister Alexander Pankin said on Wednesday at a session of the Valdai discussion club

MOSCOW (Pakistan Point News / Sputnik - 23rd January, 2019) The United States is actively using protectionist policy for unfair play on the global market, Russian Deputy Foreign Minister Alexander Pankin said on Wednesday at a session of the Valdai discussion club.

"Today we see a game with no rules, the rise of undisguised, openly proclaimed US protectionism ... We need to protect ourselves, create more favorable conditions for our operators, companies, use various methods on the verge of legality, let's say, " Pankin said.

The administration of US President Donald Trump has been waging trade wars across the world. In June, Trump slapped Europe with tariffs on steel and aluminum imported into the United States, with the bloc retaliating by levying its own tariffs.

The US president also unleashed war against one of the world's largest economies � China � announcing 25 percent tariffs on $50 billion worth of imported Chinese goods and prompting Beijing to respond in kind.

In early December, Trump and Chinese President Xi Jinping called for a truce in their escalating trade war after meeting on the sidelines of the G20 summit in Buenos Aires, but the two countries have yet to reach a final agreement in their dispute.