A socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and sporting, public, and cultural events.

The Roscongress Foundation – a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and sporting, public, and cultural events.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 126 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 69 countries worldwide.

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Article
17.08.2018

Trump’s Trade War Timeline: An Up-to-Date Guide

President Donald Trump’s trade war with the world involves multiple «trade battles» with US allies and others alike. Each battle uses a particular US legal rationale, such as calling foreign imports a «national security threat», followed by Trump imposing tariffs and/or quotas on imports. Subsequent retaliation by trading partners and the prospect of further escalation significantly hamper trade and investment, and possibly the global economy.

In the article, the dynamics of the trade war are shown in four main sections, or «trade battles». The article analyzes the development of the conflicts for the following goods:

  • solar panels and washing machines,

  • steel and aluminum,

  • technology and intellectual property,

  • automobiles.

The article evidences the systematic nature of Trump’s actions, the consistency in imposing the restrictions, and the terrifying rate at which this is done. US trade partners strive to retaliate immediately and proportionally to the damage done to their economy. To give an example, on 22 June 2018 the European Union activated its previous tariff threat on the United States, with the list covering $3.2 billion of US products.


In an interview on 20 July 2018, Trump said he was ready to impose tariffs on the remaining $262 billion of US imports from China not already under previous tariffs or being investigated for tariffs. This time, capital goods and consumer products are threatened, including products like mobile phones, laptops, and clothing.



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