E-Paper
Biden says US to strip Russia of permanent normal trade status
The change, which Biden said was being taken in concert with moves by US allies, would pave the way for the United States to impose tariffs on a wide range of Russian goods.
Published on: Mar 11, 2022, 21:38:46 IST
Share via
Copy link
US President Joe Biden on Friday said the United States will revoke Russia's "permanent normal trade relations" status to punish Moscow over its invasion of Ukraine.
The change, which Biden said was being taken in concert with moves by U.S. allies, would pave the way for the United States to impose tariffs on a wide range of Russian goods, heightening pressure on an economy on the brink of deep recession.
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
