US Congress Votes to Remove 'Most-Favoured' Trade Status for Russia, Belarus

© REUTERS / ERIN SCOTTA view of the U.S. Capitol building in Washington DC, U.S. January 17, 2021.
A view of the U.S. Capitol building in Washington DC, U.S. January 17, 2021. - Sputnik International, 1920, 07.04.2022
Subscribe
The majority of the senators voted in favour of the measure removing Permanent Normal Trade Relations with Russia.
The US Senate has backed legislation that would strip Russia and Belarus of their "most favoured nation" trade status over the current situation in Ukraine.
This move would essentially allow for higher tariffs on imports from the two countries in question, according to Reuters.

The majority of the senators voted in favour of the measure removing Permanent Normal Trade Relations status.

The bill has also been approved by the House of Representatives and is now expected to be sent to the White House for President Joe Biden to sign into law.
Official residence of the U.S. President, the White House in Washington D.C. - Sputnik International, 1920, 06.04.2022
World
US Slaps New Sanctions on Russian Banks & Politicians, Bans New Investments
The United States and several European countries imposed economic sanctions against Russia after Moscow launched a military operation against Ukraine in February.
Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала