At the St. Petersburg International Economic Forum (SPIEF) 2025, Russian President Vladimir Putin emphasized Russia's opposition to trade wars, sanctions, and arbitrary trade restrictions. He called for adherence to World Trade Organization (WTO) rules and advocated for a just and fair global trade order. Putin warned that armed conflicts and trade wars pose threats to global commerce and highlighted the need for international cooperation to address global economic challenges. Separately, the Kremlin, citing TASS, reported that trade between Russia and the United States is nearly zero. However, officials stressed that Russia-US trade should not decline to such minimal levels. In 2024, total trade between the two countries amounted to approximately $3.5 billion, a figure comparable to 6% of the annual gross sales of McDonald's restaurants in the United States.