The House has voted to suspend normal trade relations with Russia and Belarus
Published 13 mins agoThe House voted overwhelmingly Thursday to suspend normal trade relations with Russia and Belarus, preparing for President Joe Biden to enact higher tariffs on more productsand further weaken the Russian economy in response to its military assault on Ukraine.
The U.S. has already taken steps to shut off the importation of Russian oil, liquefied natural gas, seafood, alcohol and diamonds. The vote on Thursday sets the stage for making it more expensive to import certain steel, aluminum and plywood items, among other goods.The broad trade action, which would revoke “most favored nation” status for Russia, is being taken in coordination with the European Union and Group of Seven countries.
“I’m asking to make sure that the Russians do not receive a single penny that they use to destroy people in Ukraine,” Zelenskyy said in a video address to Congress. In a joint statement introducing the trade bill, Reps. Richard Neal, D-Mass., and Kevin Brady, R-Texas, said Zelenskyy’s remarks “only strengthened our resolve to further isolate and weaken" Russian President Vladimir Putin.
“We must do all we can to hold Putin accountable for senselessly attacking the Ukrainian people and undermining global stability,” the two lawmakers said. “The suspension of normal trade relations is an essential part of our effort to restore peace, save lives and defend democracy.”
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