The U.S. already imposes heavy sanctions on Russia but still did approximately $3.5 billion in trade last year

The Russian economy, mainly insulated from Western markets by sanctions, has escaped immediate damage from sweeping U.S. tariffs but the Kremlin said on Friday it needs to take extra measures to minimise the impact of resulting market turbulence.

The Kremlin was among a handful of countries noticeably exempt from Trump’s decision to slap a 10% baseline tariff on all imports to the US, as well as higher duties on some of its biggest

Trump promised tariffs that would mirror what other nations assess. In fact, the calculation is quite different.

President Trump's sweeping new set of tariffs impact friends and foe alike, but also on the list are uninhabited islands while glaring omissions include Russia and Iran.

One country that did not feature on Donald Trump's list of tariffs on US trade partners was Russia.US outlet Axios quoted White House Press Secretary Karoline Leavitt as saying this was because existing US sanctions on Russia "preclude any meaningful trade" and noting that Cuba,

A new bipartisan bill in U.S. could slap heavy costs on Vladimir Putin's war machine and hand Donald Trump extra leverage for the peace negotiations.

While U.S. President Donald Trump announced tariffs on allies and foes including Europe, India, Japan and China, some of the world's most heavily sanctioned countries - Russia, Belarus, Cuba and North Korea - avoided being singled out for special punitive treatment.

Russia and North Korea were excluded from Trump's tariff list as neither country engages in meaningful trade relations with the United States.