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In escalating the U.S. drive to squeeze Russia's economy, President Joe Biden moved Friday, with European and other key allies, to revoke Moscow's "most favored nation" trade status. His administration also banned imports of Russian seafood, alcohol and diamonds.
WBAL Radio 1090 AM - EXPLAINER: What is meaning of 'most favored nation' status?
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WASHINGTON (AP) — In escalating the U.S. drive to squeeze Russia's economy, President...
President Joe Biden announced Friday that the U.S. will downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.