Russia was notably absent from the sweeping tariffs that U.S. President Donald Trump announced on Wednesday, which are set to affect almost the entire world. The White House said sanctions imposed on Moscow because of Russian President Vladimir Putin's full-scale invasion of Ukraine had already ensured that there was no meaningful trade between the countries.

According to the Russian independent portal Meduza, Donald Trump did not impose tariffs on Russia to avoid tensions related to talks about ending the war in Ukraine. However, it was mentioned that Moscow might also face a separate decree.