Exploring Trade Deficits and Geopolitical Shifts

This chapter examines the complexities of trade deficits, particularly in the context of U.S.-Russia relations and the implications of tariffs. It discusses the transformation of the Russian market post-Ukraine invasion, highlighting the exit of Western companies and the rise of Chinese influence in various sectors. Additionally, the chapter reflects on the uncertainties facing international businesses in Russia and other global trade dynamics, particularly concerning mineral exports from the Democratic Republic of Congo.