Features of the Modern Protectionism of the US and the EU towards Russia

The article examines the current trends and features of US EU protectionism towards Russia, its possible consequences ways response. Protectionism has been increasing since 2020, which is manifested in intensification use existing instruments development new ones. analyzes spike countervailing investigations by against Russia. author highlights application similar restrictive measures other partners as an additional risk. An unprecedented event Department Commerce review Russia’s status a market economy country for purposes antidumping duty investigations. Non-market expands capabilities to “overcount” dumping impose duties, thus impeding activity Russian companies on foreign markets. acknowledged now that there does not exist sufficient degree evidence justify change designation, nevertheless, one cannot rule out such attempts future. In context, practice energy adjustments, results overstated production costs, normal value anti-dumping duties goods, continued. A protectionist step publication report “On significant distortions Federation trade defence investigations”, lays basis continuation strengthening measures. instrument environmental protectionism, EU’s carbon border adjustment mechanism, levy imported products based embedded CO2 emissions. measure will affect important positions exports – cement, electricity, fertilizers, iron & steel aluminum. mechanism can be considered attempt make up lack natural competitive advantages mineral raw materials vision economic policy goals rest world. conclusion, American European Russia active employment role state factor well pretexts introducing or tightening main response challenges WTO platform cooperation with countries, search levers relations (including measures), detection EAEU