The Central Bank called Trump's duties an argument for a tougher policy.

US President Donald Trump's trade duties are an argument for a tougher monetary policy. This was announced on April 29 by Kirill Tremasov, Adviser to the Chairman of the Central Bank of the Russian Federation, as part of the business breakfast "The Economy at a high key Rate."

According to him, trade wars create problems and have a negative impact on global trade, which further provokes a slowdown in the global economy. He cited cooling and lower demand for raw materials as the results of the slowdown.

Tremasov stressed that raw materials are the main part of Russian exports, and noted that in the future, following a logical chain, there will be a reduction in the income of the exporting state.

"Raw materials are the main part of Russian exports. A reduction in income can cause pro—inflationary risks and require a tougher policy," TASS quoted him as saying.

Tariff plan: the market expects the key to remain at the level of 21%

How will the Central Bank take into account the new round of trade wars when making a decision and will it be able to maneuver between inflation and GDP growth

On April 19, the head of the International Monetary Fund (IMF) Kristalina Georgieva pointed out the negative impact of the duties imposed by Trump on the global economy. She also noted that tariffs have led to a decrease in the growth rate of the global economy.

On April 2, the US president announced the introduction of 10% base duties on products imported from other countries. For the European Union, this figure was raised to 20%, and for China — to 34%. On April 9, Trump announced the suspension of duties previously imposed on a number of countries for 90 days. He also announced an immediate increase in duties on products from China to 125%. On April 10, the indicator reached 145%.