The U.S. will dramatically downgrade its trade status with Russia, raising tariffs on some products and banning imports of Russian seafood, alcohol and diamonds.
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.
Stripping most favored nation status from Russia would allow the U.S. and allies to impose higher tariffs on some Russian imports, increasing the isolation of the Russian economy.Biden's changes on Russia's trade status come as bipartisan pressure has been building in Washington to revoke what is formally known as"permanent normal trade relations" with Russia. Ukrainian President Volodymyr Zelenskyy pressed the U.S.
The earlier sanctions on imports of Russian oil, gas and coal cut off about 60% of U.S. imports from the country.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ukraine-Russia War: Russian journalist exiled in Arizona says Russia is a 'threat to the world'Regina Revazova, who had to leave Russia over a decade ago, said Russia is a threat to the world as the country continues its invasion of Ukraine.
Leer más »
US President Biden confirms that US to revoke permanent normal trade relations with RussiaIn a public address at the White House, US President Joe Biden confirmed on Friday that US would revoke permanent normal trade relations (PNTR) with R
Leer más »
Russia-Ukraine war: Russian Defense Ministry admits use of conscripts in invasion, despite Putin's denialsRussian military defenses consist of conscripts despite Putin's insistence that the Kremlin military is only professional fighters.
Leer más »
Russia-Ukraine live updates: UK sanctions Chelsea FC owner, other Russian oligarchsPeople in Budapest, Hungary, held candles and sang at a vigil calling for an end to the conflict in Ukraine.
Leer más »
Russia-Ukraine war: Board tells 3 Arizona universities to sell Russian holdingsThe board that oversees Arizona’s three public universities ordered their presidents to sell any Russian investments they hold as quickly as possible because of the ongoing war it is waging against Ukraine.
Leer más »
Russia-Ukraine live updates: Russia expands attacks to Ukraine’s west, as ground forces maneuver near KyivSatellite imagery indicated that a Russian convoy massed outside Kyiv is maneuvering in possible preparation for a new push against the capital.
Leer más »