# Russia Grabs Nestlé Assets as Trump Holds Off on China Tariffs

https://mins.news/en/video/64050

- Bloomberg Television, 2026-09-18 10:14 UTC
- Economy
- Original: https://www.youtube.com/watch?v=A1W9mhyUqfg

> Russia took control of the local businesses of Swiss food giant Nestlé and French supermarket chain Auchan, marking the Kremlin’s largest takeover of foreign corporate assets since at least 2024 as tensions with Europe rise. The US is expected to delay announcing new tariffs on China and other trading partners until after next week’s Xi-Trump summit.

## Stories

- [Russia Europe Sanctions and Retaliation](https://mins.news/en/topic/russia-europe-sanctions-and-retaliation) — Markdown: https://mins.news/en/topic/russia-europe-sanctions-and-retaliation.md

## Related coverage

- [Kremlin moves to seize Nestlé and Auchan assets in Russia](https://mins.news/en/item/64494) — CNN, 2026-09-18
- [Russia seizes control of Nestlé and French companies’ assets](https://mins.news/en/video/64481) — euronews, 2026-09-18
- [Kremlin moves to seize Nestle's Russia operations](https://mins.news/en/video/64353) — Reuters, 2026-09-18
- [Russia seizes control of Nestlé and French firms’ assets](https://mins.news/en/item/64062) — euronews, 2026-09-18
- [Nestlé and Auchan respond after Putin places their Russian assets under temporary management](https://mins.news/en/item/64015) — Meduza, 2026-09-18
- [Putin confiscates Nestle, Auchan assets in Russia](https://mins.news/en/item/63703) — The Kyiv Independent, 2026-09-18