With Ukraine under siege, Biden announces new trade sanctions to 'squeeze' Russia

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With Ukraine under siege, Biden announces new trade sanctions to 'squeeze' Russia
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'We will not let autocrats and would-be emperors dictate the direction of the world,' Pres. Biden says as he announces U.S. and allies will move to revoke 'most favored nation' trade status for Russia.

Thursday that at least 549 civilians, 41 of whom were children, have died since Russia's invasion began. At least 2.5 million have already fled the country.

But Russia has doubled down, instead, on its false claims that the U.S. and Ukraine are developing chemical or biological weapons for use against invading Russian forces. Russia is expected to bring the false accusation to the United Nations Security Council on Friday -- one day after a senior U.S. defense official warned that the U.S.

"I'm not going to speak about intelligence but – but – but Russia would pay a severe price if they used chemical weapons," he replied.Aris Messinis/AFP via Getty Images "We'll defend every single inch of the NATO territory with the full might of the united and galvanized NATO," Biden said, but adding,"Direct confrontation between NATO and Russia is World War III, something we must strive to prevent."

In response to claims that Russia may view the transfer of MiGs as escalatory on behalf of the U.S., the GOP group scoffed, saying it was time for the U.S. to project strength in this conflict and have Putin fear the U.S. for a change.

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