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News
US-Russia trade ties
US-Russia trade ties News
US-Russia ties
07 Apr 2022
US suspends ‘normal trade ties’ with Russia over Ukraine invasion
While Russian oil makes up only a small part of US imports, it carries a high price for lawmakers in Congress who viewed the ban as a moral test in blocking an economic lifeline for Putin's regime.
Russia-Ukraine war
11 Mar 2022
US to revoke Russia's 'most favoured nation' trade status over Ukraine war
The move would hold Russian President Vladimir Putin "even more accountable for his aggression against Ukraine," said Biden. "Each of our nations will take steps to deny `most favoured nation` status to Russia," added US President.
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