US slashes Russia trade status and bans imports of alcohol and seafood
Ukrainian President Volodymyr Zelensky pressed the US and allies to take action against Russia in remarks to Congress over the weekend.
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Ukrainian President Volodymyr Zelensky pressed the US and allies to take action against Russia in remarks to Congress over the weekend.
In escalating the U.S. drive to squeeze Russia’s economy, President Joe Biden has moved to revoke Moscow’s “most favored nation” trade status
Ukrainian President Volodymyr Zelensky pressed the US and allies to take action against Russia in remarks to Congress over the weekend.
The U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.
The move by President Biden is being taken in coordination with the European Union and Group of Seven countries to punish Moscow for its invasion of Ukraine.