Putin says Russia should use trade war opportunities to strengthen economy

Russian President Vladimir Putin chairs a meeting on economic issues via video link at the Novo-Ogaryovo state residence outside Moscow, Russia April 24, 2025. Sputnik/Vyacheslav Prokofyev/Pool via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY.

MOSCOW (Reuters) -Russian President Vladimir Putin urged his economic officials on Thursday to take advantage of opportunities arising in the global economy from market turbulence and intensifying trade wars.

Russia, whose trade with the United States and European Union has fallen sharply due to sanctions imposed over its ongoing war in Ukraine, has not suffered from the U.S. tariffs on many countries announced by U.S. President Donald Trump.