Stripping 'most favored nation' status from Russia would allow the U.S. and allies to impose higher tariffs on some Russian imports.
WASHINGTON -- President Joe Biden announced Friday 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 free world is coming together to confront Putin," Biden said from the Roosevelt Room of the White House.President Joe Biden announced Friday the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine.
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President Biden says US will downgrade Russian trade statusPresident Joe Biden says the U.S. will downgrade Russia's trade status, banning imports of Russian alcohol, seafood and diamonds.
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President Biden says US will downgrade Russian trade statusPresident Joe Biden says the U.S. will downgrade Russia's trade status, banning imports of Russian alcohol, seafood and diamonds.
Weiterlesen »
President Biden says US will downgrade Russian trade statusPresident Joe Biden says the U.S. will downgrade Russia's trade status, banning imports of Russian alcohol, seafood and diamonds.
Weiterlesen »
House approves ban on Russian oil to US, bolstering BidenThe action comes as Congress is on track to approve nearly $14 billion in military and humanitarian aid for Ukraine.
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Biden to Ban U.S. Imports of Russian Vodka, Diamonds and SeafoodPresident Joe Biden issued an executive order blocking U.S. imports of key Russian products, including vodka, and banning exports of high-end goods to Russia.
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