This story is part of CNET’s coverage of events there and their wider impact on the world.
President Joe Biden is expected to announce on Friday that the US, along with the European Union and the G7 countries, will seek to halt normal trade relations with Russia several media reports. The move, which requires legislation from Congress in the US, would reportedly increase tariffs on many Russian products.
The President is planned to speak later in the morning on measures to “continue to hold Russia accountable” for its war against Ukraine. The White House did not immediately respond to a request for comment.
There’s more to come.
Biden to Call for End of Normal Trade Relations With Russia, Reports Say Source link Biden to Call for End of Normal Trade Relations With Russia, Reports Say